That stock News

The shares of the company dropped another 30? 591 p Friday, after a drop of 33% Thursday, after Alan Joyce, Chief Executive of Qantas, said the company considers the engine failure "probably most likely a hardware failure or some sort of design issue.

Rollers, regarded as one of the most prestigious examples of British Engineering, has seen its value reduced to ￡ 12 24bn prior incident Thursday, ￡ 11. 06bn, when the FTSE 100 closed on Friday.

Rollers has asked all airlines for the Trent 900 on their command to perform a series of security checks. The company refused to comment on a possible design of M. Joyce fault and reiterated his statement Thursday that it would "continue to work closely with our customers that the investigation is moving forward."

There are 20 command with Rolls-Royce engines in service, operated by Qantas, Singapore Airlines and Lufthansa.Singapour began to steal its fleet again Friday, with the suspension of services Thursday to carry out checks.Lufthansa was the command between flights, Qantas may begin to fly the aircraft again Saturday, after saying that it would be ground the fleet up to 48 hours.

Emirates and Air France, two other Airlines flight of the A380, use engines manufactured by GE and Pratt & Whitney of the United States.

Command ordered by the airline customers 17 234, about 90 will Rolls-Royce engines, 122 chose the option of GE-Pratt and Whitney and 22 are indécis.British Airways and Virgin Atlantic as a result of early take delivery of the command in 2013 and 2015 respectively, said that they did not intend to modify their engine for the motorization of the roles that they have specified commands.

Command has four engines and EADS, the owner of Airbus said the plane is "certified to carry out its mission with only three engines".EADS share rose slightly Friday in Paris after cents 77 decline Thursday.

The France investigators and the Australia is seeking in the failure of engine, which was held shortly in a flight from Singapore, Sydney, forcing the A380 to go back and do an unscheduled landing in Singapore.

It appeared that the European Agency warned air safety in the month of August that airlines should make checks and repairs on the Trent 900 engines after having found "wear beyond limits engine manual".

In another blow to Rolls-Royce, a Qantas Boeing 747 powered by type company powertrains was also forced to return to Singapore due to an outage of engine Friday.

Separately, EADS said Friday seven Governments buy late and over budget A400M military transport aircraft reached a final agreement on the financing keep course projet.Le contract should be signed at the end of the year.

Said EADS additional payments by the seven Governments, which includes the United Kingdom, the Germany France, will be paid no later than that expected due to difficulties in some countries, budget however EADS not expected to take other losses on the A400M.

View the original article here