Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Rolls-Royce Holding PLC    RR.   GB00B63H8491

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Rolls-Royce Holding PLC : Rolls-Royce congratulates Gulfstream on GV milestone

05/15/2012 | 09:32am US/Eastern
Recommend:
0
Tuesday, 15 May 2012

Rolls-Royce, the global power systems company, today congratulated Gulfstream on its Gulfstream V (GV) aircraft family achieving one million flying hours. The Rolls-Royce BR710 powers the GV, GV-SP, G500 and G550.

This year also marks the 15th anniversary of the BR710's entry-into-service. More than 1,750 BR710 engines are currently in service and have accumulated more than 4 million flying hours across a range of business jet applications. The engine has established the lowest specific fuel consumption (SFC) levels in its thrust class.

Scott Shannon, Rolls-Royce, Executive Vice President, Customer Business - Civil Small and Medium Engines, said: "We congratulate Gulfstream on this milestone for the GV family, the first aircraft to be powered by our BR710 engine. The GV has delivered outstanding performance and reliability and we are proud to have played our part in its success."

The BR710 offers low noise and excellent emission characteristics, ensuring unrestricted access to airports around the world. The excellent climb performance of the BR710 allows aircraft to reach cruise level faster than commercial airliners, again saving both fuel and time.

The BR710 is a member of the reliable and proven BR700 family of engines which has achieved more than more than 12 million flying hours.

  1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
  2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
  3. Annual underlying revenues were £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £62.2 billion at 31 December 2011, providing visibility of future levels of activity.
  4. Rolls-Royce employs 40,400 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
  5. In 2011, Rolls-Royce invested £908 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
  6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.
  7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.
  8. Rolls-Royce leads the global market in engines for corporate aircraft, with a 39 percent value market share. Rolls-Royce Corporate Care®, corporate aviation's most comprehensive engine care program, is available to all BR710 powered corporate aircraft operators.
distributed by
Recommend :
0
React to this article
Latest news on ROLLS-ROYCE HOLDING PLC
1d ago ROLLS ROYCE : Universities, manufacturers helping launch Digital Lab
2d ago ROLLS ROYCE : An index of democracy: The secret Indian ink
2d ago ROLLS ROYCE : Motor cars debuts ghost series ii to north america at 2014 new yor..
2d ago DAIMLER : and Rolls-Royce agree on valuation of Daimler's equity interest in Rol..
2d ago ROLLS ROYCE : Motor cars wraith named among edmunds.com's top rated vehicles for..
2d ago ROLLS ROYCE : AGMC increases Rolls-Royce sales by 28 per cent for Q1 2014
2d ago ROLLS ROYCE : Valuation met ; companies today
3d ago FUJITSU : MY WEEK ; David Reeks, director at GSE Media, talks about organising n..
3d ago ROLLS ROYCE : Doomed site 'should be donated to town'
3d ago ROLLS ROYCE : and Daimler agree on valuation of Daimler's equity interest in Rol..
Advertisement
Chart
Duration : Period :
Rolls-Royce Holding PLC Technical Analysis Chart | RR. | GB00B63H8491 | 4-Traders
Income Statement Evolution
Rolls-Royce Holding PLC : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF