Rolls-Royce projects modest revenue growth in 2011 and “good growth” in underlying profits after delivering strong operating results in 2010 that were tinged by £56 million ($90 million) in costs linked to a Trent 900 uncontained engine failure last year. Some repercussions of last year’s Qantas QF32 incident could still be felt in 2011, the company reports. Despite the Trent 900 problems, departing CEO John Rose says overall product development has been improving, particularly on ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Trent 900 Problem Costs Hit Rolls-Royce 2010 Results".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.