Qantas Airways (QUBSF) took preliminary steps towards legal action against Rolls-Royce over the grounding of the airline’s fleet of Airbus A380s.
Qantas filed a preliminary action in Australian federal court, allowing the company to pursue legal acti…
Japanese low-cost airline Skymark may buy as many as 15 Airbus A380s as it expands into international flights.
The planes would be delivered starting 2014 and would initially fly to destinations including London, Frankfurt and New York, Bloomberg New…
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…
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 …
Rolls-Royce shares dropped further on Monday as investors fretted about the impact of problems with Rolls-Royce engines on Airbus A380s.
Last week, a Rolls-Royce engine exploded during a Qantas Airways (QUBSF) flight from Singapore to Sydney, forcing an emergency landing in Singapore. Today, Qantas said it found oil leaks in the engines of some of its grounded A380s.
Rolls-Royce…
Continue reading Rolls-Royce Shares Continue Slide on Airbus Concern
Rolls-Royce Shares Continue Slide on Airbus Concern originally appeared on DailyFinance on Mon, 08 Nov 2010 08:24:00.
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