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Europe

Rolls-Royce to invest $70 million in European engine business

thedailyposting.comBy thedailyposting.comMarch 16, 2024No Comments

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summary

  • Rolls-Royce is investing £55m in its facilities in the UK and Germany to meet growing demand for engines and improve maintenance capabilities.
  • The company also plans to add more than 300 new staff across its two locations.
  • The Derby facility will produce 40% more engines by 2025, and Dalewitz will move into large-scale engine testing and final assembly.



Engine manufacturer Rolls-Royce has announced significant investment in engine assembly, testing and factory visit capabilities in Germany and the UK. The move will help address growing demand for engines and support services, as the company predicts annual growth for Rolls-Royce aircraft to be between 7% and 9% over the next 10 years.


Rolls-Royce reveals facility expansion

The company will invest £55 million ($70 million) in two locations in Derby, UK, and Dahlewitz, Germany, and will also hire more than 300 new staff for its frontline operations. The expansion will strengthen Rolls-Royce’s engine manufacturing, testing and servicing capabilities, and the investment will be split approximately down the middle between the two facilities.

Rob Watson, President of Rolls-Royce Civil Aerospace, said:


“These latest investments in our engine manufacturing and service capabilities further demonstrate our commitment to providing both superior products and service to our worldwide customer base. Superior availability, reliability and efficiency.”

Rolls Royce Derby Facility

Photo: 3Jane | Shutterstock

RR continues to expand its customer portfolio and has benefited from several large aircraft orders in recent months. These include Turkish Airlines’ order for 70 wide-body Airbus A350s (consisting of 100 Trent XWB-84 engines and 40 XWB-97 engines), and Taiwanese airline Starlux’s order for A330neos and A350Fs. (including Trent 7000 and XWB-97 engines), and new customer EVA Air. The airline has ordered 18 A350s equipped with the XWB-97.


Investment details

The company’s engine manufacturer’s facility in Derby will be able to build more than 40% more new engines a year from 2025, and will also have enhanced service capabilities. Increased capacity and staff to service engines will help Rolls-Royce reduce backlogs and achieve faster delivery times, helping airlines minimize asset downtime. Become.

Rolls-Royce Trent XWB-97 powers A350-1000

Photo: Rolls Royce

The company plans to utilize existing engine testing infrastructure at the Dahlewitz site to process larger engines in the short term. This facility will then be ready to test and assemble his XWB-84 engine, his second most powerful in the Rolls-Royce catalog after the XWB-97. Of the approximately 300 new staff joining the company, 200 will work at the Derby site and the remaining 100 will be promoted in Germany.


Increased demand for engines

The company predicted that engine flight hours would reach 120-130% of 2019 levels as the number of aircraft equipped with Rolls-Royce engines increases by 7-9% annually, underscoring the need for increased capacity. Global passenger traffic in 2023 recovered by 94.1%, falling short of pre-pandemic levels, but reaching 99% in November. 2024 is shaping up to be the busiest year in aviation history, with IATA forecasting 4.7 billion air passengers this year, more than 4.5 billion in 2019.


a350 torrent engine

related

Rolls-Royce’s profits will more than double in 2023

Rolls-Royce achieved a remarkable turnaround in 2023 and looks set for a great 2024 with some major orders and increased flight hours.

Last month, the engine maker announced a $1 billion investment in a continuous improvement program for its Trent series. This includes the introduction of new materials and coatings to improve on-wing flight times for customers, potentially doubling their flight times in the harshest environments. Rolls-Royce currently provides engines and services to more than 250 commercial customers and approximately 160 militaries around the world. The company will also strengthen its presence in the UK by opening new offices in Cardiff and Glasgow, with funding from the UK Ministry of Defence’s (MOD) Submarine Division.

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