Wednesday 18 May 2011

Rolls-Royce A380 update.

A Reuters article published today (link: www.reuters.com: Rolls-Royce pulled 53 engines after blowout-report), suggests that Roll-Royce removed a total of 53 Trent 900 engines from service following the Quantas A380 incident.


The article sourced from the interim report published by The Australian Transport Safety Bureau's (ATSB), does not state for certain that the determined fault was present in the 53 engines only that it could not be determined that the fault wan't present.


Elsewhere, for interest, I stumbled onto this video clip: news.ninemsn.com.au: Video shows lightning bolt strike Airbus A380 of a news report focussing on an A380 being hit by lightning which, apparently, is a common event (to all aircraft). It is also a more probable occurrence than being struck by lightning whilst on the ground although, I guess that would be obvious when you are flying around in a storm!
Slightly strange how an Australian news station has a video clip of an A380 flying into Heathrow though. I don't recall having seen, or heard anything of it until now. 
I must not be watching the right channels or perhaps, it just hasn't come up on one of those £250 for a home video programmes yet.


Elsewhere, Rolls-Royce and Daimler announced yesterday that they had upped their joint offer, for the diesel engine maker Tognum, to 3.4bn Euro's (£2.97bn). 
As a result, with management backing now in place the deal is expected to go through.


Personally, I am still not sure how this fits into the Rolls-Royce portfolio unless there are applications to the marine side of the business with its own successful diesel engine on the market. 
Similarly, a joint ownership with Daimler?
And, with the shares falling 13p yesterday there are probably one or two other shareholders wondering about the deal, or the increased offer.


Addendum (added at 18:37pm).
Just looking on the Tognum website: www.tognum.com, where it seems they have quite a varied portfolio of products: engines; propulsion; and distributed energy systems. 
These are distributed through into 2 business units: Engines; and Onsite energy.
In addition, the Engines unit supplies to: Marine; Industrial; Oil and Gas; and Defence.
So there does seem to be a fit into some of the "potential" in Rolls-Royce's less documented markets.




Related articles:
www.reuters.com: Rolls-Royce pulled 53 engines after blowout-report
news.ninemsn.com.au: Video shows lightning bolt strike Airbus A380
www.express.co.uk: ROLLS-ROYCE RAISES TOGNUM OFFER
www.telegraph.co.uk: Rolls Royce snaps up Tognum for €3.4bn




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