[ad_1]
Rolls-Royce announced that this year, Airbus will deliver fewer reactors to Airbus than expected, due to production difficulties, at a time when aircraft manufacturers are struggling to get record orders.
The FTSE 100 group has announced that it will deliver about 500 large engines in 2018, a level lower than its initial forecast of 550, but added that delays would not affect its financial forecast for this year.
Rolls-Royce's acknowledgment followed a Bloomberg note in which a memorandum from the personnel disclosed indicated that only 10 Trent 7000 engines were delivered to Airbus for its new A330neo aircraft at the end of the year. October, compared to the goal of 30.
This is the last setback for the British company, which has suffered a series of costly problems with its engines. Rolls-Royce shares initially fell 13% yesterday before recovering most of these losses with a loss of 2% to 855 pence. Airbus shares fell to 1.8%, reaching 96.15 euros.
"Although the problems of increased production in the fourth quarter are regrettable, this sort of thing in the early stages of a new motorization program is not uncommon in our industry," said Rolls. -Royce in a statement. "As we move forward in 2019, we are confident that the production and delivery volumes of our Trent 7000 engines will increase significantly to meet our customer commitments."
Both Airbus and its rival Boeing have been affected by supply chain problems trying to deliver a record number of aircraft. Both companies have outstanding order lists for about ten years, but there are advantages and disadvantages to this, which poses particular problems for engine manufacturers.
Airbus has had to deal with delays in deliveries of A320neo due to difficulties with the innovative Pratt & Whitney geared double flow engine.
The European aircraft manufacturer, which publishes Wednesday third quarter results, has set the ambitious goal of providing 800 aircraft by the end of the year. Airbus declined to comment.
The problems with the Trent 1000 engine, which drives the Boeing 787 Dreamliner, have forced Rolls-Royce to perform costly inspections and repairs, as well as to redraw some parts.
The turbine blade costs of the Trent 900 and 1000 need to rise to nearly one billion pounds in cash. It is understood that the delays with the Trent 7000 are related to the accumulation of engines waiting. perform tests.
"We could extrapolate that the financial impact on Rolls will consist of the indemnities paid to Airbus and the airlines and by an accumulation of stocks at the end of the year," wrote Robert Stallard, an analyst at Vertical. Research Partners.
Source: Millennium
[ad_2]
Source link
