In Istanbul, Turkish Airlines, Airbus, and Rolls-Royce unveiled the STEP program, reinforcing their historic alliance through strategic collaborations.
In a bold move to extend its global reach, Turkish Airlines is in advanced discussions with Airbus and Boeing to purchase an additional 235 jets, building on its recent substantial Airbus order.
Top executives from BAE Systems, Leonardo, MBDA, and Rolls-Royce emphasize the importance of the UK maintaining independence in defense procurement to avoid reliance on international sources.
IndiGo's strategic partnership with Rolls-Royce, utilizing the Trent XWB engines, marks a pivotal development in airline fleet enhancement and innovation.
IndiGo has confirmed a significant expansion with an order of 30 Airbus A350-900 aircraft, powered by Rolls Royce's Trent XWB engines, alongside options for 70 more, marking a strategic shift toward long-haul flight capabilities.
With a marked turnaround from its previous standings, Rolls-Royce now stands prominently among brokers' top stock choices, credited to leadership changes and strategic pivots.
Amidst broader challenges, the Pearl engine marks a significant resurgence for Rolls-Royce in the business aviation market.
In an ambitious stride towards enhancing its aviation capabilities, Turkish Airlines is finalizing a landmark agreement with Airbus and Rolls-Royce for the $20 billion production of aircraft parts on domestic soil.
In a significant development, Vertical Future's space agriculture initiative and Rolls-Royce's collaboration with BWXT on space nuclear technology mark a new era in the UK's space industry contributions.
Warren East, known for his tenure as CEO of Rolls-Royce, has been named the new non-executive chair of UK air traffic control provider NATS, indicating a strategic move to navigate post-crisis recovery.
European defence stocks, including giants BAE Systems and Rolls-Royce, witnessed a significant decline, dropping 3.9% in their biggest fall in over a year.
A notable collaboration between Rolls-Royce and BWX Technologies has secured backing from the UK Space Agency to advance space reactor technology, aiming to enhance propulsion systems.
Aiming at the aerospace segment, Rolls-Royce identifies the Middle East as a critical market for achieving its ambitious profit growth, citing 'phenomenal growth opportunities'.
Rolls-Royce's Pearl 10X engines, designated for the Dassault Aviation's Falcon 10X, have entered flight testing, indicating progress despite the business jet's program delays.
Marking a pivotal phase in business aviation, the Pearl 10X engine designed for Dassault's Falcon 10X jet, has commenced its Arizona-based flight testing on a Boeing 747 testbed.
Rolls-Royce Electrical has completed the first run of its 320kW electric motor, targeting the emerging electric commuter aircraft sector.
Investments focus on enhancing its global services network to support escalating capacity needs in the civil aerospace sector.
Initiating bench tests, Rolls-Royce marks a significant step in electric propulsion tech with its first 320-kW motor for regional aircraft, underscoring innovative strides toward electrification.
Following a significant contract for nuclear submarines, Rolls-Royce announces plans to double the size of its Derby manufacturing site, bolstering job creation.
In a significant advancement of the AUKUS trilateral security agreement, Australia, in collaboration with the UK, has entrusted BAE Systems Plc and ASC Pty Ltd with the construction of a new fleet of nuclear-powered submarines.
A coalition led by Airbus SE, easyJet Plc, and Rolls-Royce Holdings Plc alongside the Hydrogen in Aviation alliance urges the UK for increased funding and a strategic roadmap to achieve a leading global position in hydrogen-powered aviation by 2050.
Powered by Rolls-Royce's Adour 951 engine and featuring modern LCD displays, the Hawk T2 jet, a staple in advanced training, is set for decommissioning by the UK Ministry of Defence in 2040.
Amid growing engine sales and usage, Rolls-Royce announces £55 million investment to enhance assembly, testing, and shop visit capacities in Derby, UK, and Dahlewitz, Germany, targeting mid-term demand and global Trent fleet support.
Standard & Poor’s elevates Rolls-Royce Holdings Plc to investment-grade status, recognizing the firm's positive trajectory under CEO Tufan Erginbilgic’s leadership.
Due to ongoing Rolls-Royce Trent 1000 engine availability challenges, Air New Zealand will suspend its direct Auckland to Chicago service from March 31 to October 25, 2024, affecting the airlines' US operations.
Emirates Airlines prioritizes reliability over expansion by delaying Rolls-Royce Trent XWB-97 engine orders until proven performance criteria are met, emphasizes Emirates President Tim Clark.
Since Tufan Erginbilgiç's appointment as CEO, Rolls-Royce's stock performance has seen a notable increase, rising over three times its value since last year.
Anticipating up to two additional years of challenges, Rolls-Royce has allocated £410 million to buffer its civil aerospace division against ongoing supply chain issues.
In 2023, Rolls-Royce reported a substantial increase in profits, attributed to the resurgence in long-haul air travel, efficiency from cost-cutting measures, and robust defence sector performance, with optimistic projections for continued growth in 2024.
Rolls-Royce has announced significant engine orders from STARLUX Airlines for Airbus A330neo and A350F aircraft and detailed a £1bn enhancement plan for its Trent engine family to boost fuel efficiency and durability over the next five years.
Anticipating a robust second-half performance, Rolls-Royce is expected to report substantially higher operating profits.
Following a strategic pledge by CEO Tufan Erginbilgic, Rolls-Royce is on track to potentially double its profits in 2023, aiming for a £2.8 billion surge.
Aero-engine giants Pratt & Whitney, CFM International, and Rolls-Royce are intensifying efforts in sustainable aviation technologies to meet decarbonization goals.