Is this what you talking about ?18 Aug 2021 11:46
Rolls-Royce to get £100mln boost from revival of Airbus superjumbo - Citi Rolls-Royce engines will be powering about 60-65% of the airlines returning to service Rolls-Royce Holdings PLC (LSE:RR.) should get an unexpected boost as the Airbus A380 superjumbo jet is revived from the ashes of the pandemic, according to Citigroup. In a note entitled “Is the future of the A380 all bad?” the investment bank’s analysts concluded that, no, only “about half bad”. Earlier this year, Airbus Group (EPA:AIR) said it will cease deliveries of the A380 as a consequence of the lack of order backlog from airlines, with the European aircraft maker shifting its focus to smaller, next-generation planes such as the A350 and A330neo. The Citi analysts said it “appears to have been written off as an airliner”. But now, although certainly not the success hoped for, they noted the A380 “is beginning to come back into service”. Analysing the announced plans of all the airline operators, Citi forecast about 110 to 120 A380s, almost half the entire fleet, will be back in service. Rolls-Royce engines are estimated to be powering about 60-65% of these airlines returning to service. Citi estimates the extra 190 engines will provide “about £100-120mln” extra free cash flow per year for Rolls, compared with the current level, peaking in 2025/26.