Rolls-Royce statement reverse share price slide
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The aerospace group saw a reduction of ￡ billion in market value in two days after one of the four Trent 900 engines on a Qantas Airbus A380 widebody failed in flight last Thursday.
Alarm intensified a day later when a Boeing 747 also operated by Qantas and powered by an engine different Rolls-Royce RB211 - was forced to return to Singapore after an engine failure separate incident.
Which have led to concerns that there may be systemic problems in aircraft engine unit the company, which, in the month of August saw also a unit of Trent 1000 for the new Boeing 787 explode Centre test for Derby Rolls - Royce.
In an attempt to quell the crisis of confidence, Rolls-Royce said Monday that he had "engine progress in understanding the cause of the blackout" on Qantas A380 Crescent and it was now clear "incident is specific to the Trent 900 engine".
She added that he was "a series of audits and inspections" with Airbus and three current operators control powered by Trent 900 engines - Qantas, Singapore Airlines and Lufthansa.
"These are progressively completed allowing a resumption of operation of the aircraft in full compliance with the standards of security," said Rolls-Royce.
Shares closed up to 16 p 607 after a drop of 33% Thursday and another 30.5 percent drop inverted vendredi.Ils fall 3pc earlier in the day after Qantas CEO what alan Joyce said he was grounding six command of the company for another 72 hours after found leaking oil were "than normal tolerances" engine on three separate aircraft.
In spite of the Declaration of Rolls Royce, which also rejected any connection to Trent 1000 testbed incident analysts said questions still has need to respond.
"I would like to know more details," said Chris Dyett Investec. ""The company had much criticism for not be ouvert.Mais is only a partial answer.
He added that "this engine has been flying for a few years so I would be surprised if there is a fundamental problem with it".
Currently, approximately 20 A380 aircraft are powered by Trent 900.Singapour, engine which account 11 of these aircraft in service, said that he had "completed our A380 aircraft engine inspections and has not found something of concern"-comment echoed by Lufthansa.Un spokesman said German carrier did there was "no passenger who say that they do not want to fly on the A380.
Analysts have noted that Rolls-Royce necessary to get quickly to the bottom of the issue, if it was not in danger of losing his rival - A380 engine orders a joint venture between GE and Pratt & Whitney.Emirates Air France us providers, both carriers currently flying the A380, use U.S. engines.
Skymark Airlines became the first Japanese company to order command Monday - but is undecided on which engine provider to use.
British Airways and Virgin Atlantic, who ordered respectively 12 and six A380, said they could stick to Rolls Royce engines.
