BRIEF-Rolls-Royce Exec Says Price Increases Reflect Supply Chain Disruption And Broader Political Challenges

Reuters14:26
BRIEF-Rolls-Royce Exec Says Price Increases Reflect Supply Chain Disruption And Broader Political Challenges

Feb 3 (Reuters) - Rolls-Royce RR.L:

  • EXEC SAYS DEMAND FOR WIDE-BODY JETS REMAINS STRONG

  • EXEC SAYS DURABILITY IMPROVEMENTS IN XWB-97 ENGINE FOR AIRBUS A350-1000 ARE ON TRACK

  • EXEC, ASKED IF INTERESTED IN SUPPORTING POTENTIAL A350-2000, SAYS WOULD ALWAYS WANT TO REMAIN CLOSELY ALIGNED WITH AIRBUS

  • EXEC SAYS PLEASED WITH PERFORMANCE OF ENHANCED VERSION OF TRENT 1000 ENGINE FOR BOEING 787

  • EXEC SAYS RETURN TO NARROWBODY MARKET DEPENDS ON FINDING RIGHT BUSINESS MODEL AND PROBABLY A PARTNER

  • EXEC SAYS PRICE INCREASES REFLECT SUPPLY CHAIN DISRUPTION AND BROADER POLITICAL CHALLENGES

  • EXEC SAYS WE NEED TO FIND RIGHT BALANCE BETWEEN RISK AND REWARD IN ENGINE PRICING, HIGHER RETURNS ARE INVESTED BACK IN THE BUSINESS

Further company coverage: RR.L

(Reporting by Tim Hepher and Julie Zhu)

((tim.hepher@thomsonreuters.com; +33 1 49 49 54 52; Reuters Messaging: tim.hepher.thomsonreuters@reuters.net))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment