Streetbeat News

RLLCF

Rolls-Royce Holdings Plc

CEO

D. Warren East

Industry

Small Arms Ammunition Manufacturing

Open

0.00

Mkt cap

53B

Volume

149K

High

0.00

P/E Ratio

0.19

52-wk high

0.01

Low

0.00

Div yield

N/A

52-wk low

0.00

Cathay Pacific's A350 fleet faced an engine issue, prompting Airbus and Rolls-Royce to address the situation. While no global inspections are currently advised, the final decision lies with regulators. Airlines like Singapore Airlines and Japan Airlines are conducting precautionary checks. The incident involved a fuel leak in a Rolls-Royce engine, and Cathay Pacific plans to resume operations after repairs.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 1:02 pm

Boeing Company (NYSE: BA) is close to finalizing a deal with Thai Airways International Public Co. (OTC:TAWNF) for up to 80 of its 787 Dreamliners. The deal, which includes firm orders, options, and purchase rights, is expected to be announced soon. This development comes after Boeing's recent $52 billion deal with Emirates. Airbus SE (OTC:EADSF) (OTC:EADSY) lost out on this opportunity due to pricing issues with Rolls Royce Holdings Plc (OTC:RLLCF), the exclusive engine supplier for Airbus's A350. The pricing deadlock has led to public criticism from customers like Emirates and Thai Airways. Boeing's shares were trading slightly lower in premarket.

Portfolio Pulse from Nabaparna Bhattacharya

December 08, 2023 | 2:22 pm

Emirates has deferred a deal to purchase Airbus A350-1000 jets, citing concerns over the durability of Rolls Royce engines. Emirates President Tim Clark stated the engines' maintenance interval does not meet their operational standards. Despite this, Emirates is open to ordering 35-50 jets if Rolls-Royce addresses these issues. Meanwhile, Airbus secured an order for ten A350-900 aircraft from EGYPTAIR at the Dubai Airshow. Airbus and Rolls-Royce expressed confidence in the engine's performance. Airbus (EADSY) shares closed up by 0.85%, while Boeing (BA) shares traded higher by 0.49% in premarket.

Portfolio Pulse from Nabaparna Bhattacharya

November 14, 2023 | 1:14 pm

Airbus SE, easyJet plc, and Rolls Royce Holdings Plc have formed a consortium with Orsted A/S, GKN Aerospace, and Bristol Airport to advance UK's position in hydrogen-powered aviation. The Hydrogen in Aviation (HIA) aims to assist the Government and policymakers by mapping out the milestones to ensure infrastructure, regulatory, and policy changes keep pace with the technological developments in carbon-free flying.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2023 | 3:56 pm

Barnes Group Inc (NYSE:B) has agreed to acquire MB Aerospace for $740 million, its largest acquisition ever. MB Aerospace offers precision aero-engine component manufacturing and repair services. The acquisition is expected to close in Q4 2023, and Barnes expects revenue growth, adjusted operating margin, and adjusted EPS accretion in 2024 from the deal.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 3:22 pm

Nvidia has partnered with Rolls Royce and Classiq to design jet engines using quantum computing. The companies used Nvidia's quantum-computing platform to simulate the world's largest quantum-computing circuit for computational fluid dynamics. Nvidia also plans to build a new lab with the Jülich Supercomputing Centre.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2023 | 2:35 pm

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