Rolls-Royce to Miss 2010 Profit Target After Qantas Incident

One week after one of its jet engines exploded in mid-air, Rolls-Royce said it will miss its profit target for 2010.

Rolls-Royce said that growth in underlying profit will be “slightly lower” than the expected 4% to 5%, Bloomberg News reported.

The…

What’s Wrong at Rolls-Royce, and Who Will Benefit?

It’s looking more and more like the explosion of a Roll-Royce engine on a Qantas-owned Airbus A380 last week wasn’t an anomaly, but a sign of an as-yet unidentified design flaw. So how deep are the problems at Rolls-Royce, and …

Should Qantas Replace Its Airbus 380s With Boeing 747s?

Qantas has a lot riding on its reputation for safety, which only raises the stakes for the airline after the engine explosion on one of its Airbus A380s Thursday. It temporarily grounded its six A380s, but the airline needs a l…