Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Rolls-Royce (LSE: RR., ADR: RYCEY) today announces IndiGo has agreed to place an order for 60 Trent XWB-84 engines. This is the first ever agreement for Rolls-Royce with this leading Indian airline.
As part of the deal, the health and maintenance of the engines will be covered by Rolls-Royce’s comprehensive TotalCare service.
Flying to more than 110 domestic and international destinations, IndiGo flew 100 million passengers in 2023 and is among the fastest growing airlines in the world. The new order will power the airline’s expansion plans, particularly its growing footprint on international routes.
If this drop is indeed based on Boeings poor results it's a massive over-reaction by people who should know better. Punishing RR for Boeings incompetence and mismanagement is ridiculous - Short term this is annoying, long term it's just another bump in the road of a general upward trajectory.
Just looked up what other countries spend...(link below) - highlights - Ukraine - 30% (for obvious reasons), libya 15.5%, Oman, UAE, Jordan (oil states) - around 4 or 5%, US 3.5%, Israel 4.5%, UK 2.2%
World average is 2.2%
Caribbean seems to spend the least (as a region) at 0.8%
So the UK is spending an average amount at present - 4% seems quite a high target Mb.
https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?most_recent_value_desc=true
Are we assuming Labour would honour this pledge? It's technically what we "should" be spending as members of NATO - any less and you are considered not to be "doing your bit". Certainly can't be bad for RR.
Another 7.5% increase required to get back to where we were a few weeks ago....So many months of continual increases has meant a few weeks of mediocre / poor SP performance has been quite a shock to the system. Bring on the AGM and an update showing we're on target to meet / exceed Tufan's objectives....
It would be nice to see a bit of support from the US come 2.30.... For the last couple of weeks it feels like they've sucked all the positive energy out of the SP as soon as their markets open (I "think" this is factually correct - it certainly feels that way)
"Iam 99% sure ntc didn't go to the cmd"...
Nettles has never claimed to have "gone" to the cmd. He (yes, Nettles is a "he") has however maintained he listened to the whole day's presentation via the Web. So Nettles got a name wrong... so what??
I really do wonder what some people's motivation is on this board. None of what you have said is either remotely interesting or remotely relevant. I would suggest you return to the rock you've been hiding under and save us from your tiresome diatribe. As for your name I suppose we should remember what Oscar Wilde said "imitation is the sincerest form of flattery".
My mate Dave said he was going to buy some - I suppose it could be him although it would suggest he's been living well within his means as he drives a 7 year old Fiat Punto.... If it's not Dave I suppose a headge fund / ETF / Pension company? Is there any way of checking? - Do pension companies (and the like) disclose major purchases? If it is indeed Dave I'm guessing that information would be hard to get - unless he lets on in the pub later - I'll ask him and report back.
RE: "That's currently on hold . we are in negotiation . may still happen i will keep you posted"
So I'm assuming you're talking about potential strike action.... Let's hope the conveners can negotiate there way around it. Whilst certainly not disastrous strike action is the last thing RR needs - If nothing else it's just not a good look - I sometimes wonder whether the Derby workers realise just how lucky they are sometimes - Royce's is a good payer and the T's and C's for the workers are up there with the best however it seems as soon as RR announce things are going well the workers demand more.
I think RR needs to take a long hard look at itself. Th past couple of weeks have not been acceptable. Not even confirmation of a £20Bn deal has managed to give it a spark....I've started to look longingly at other shares. My pinned shares are all doing well....but the share I have the most faith in is taking a breather from what has been a rather impressive streak. Back to the 420's and beyond please RR... and no daudling.
Back to Boeing..... They're getting anihilated in the Senate hearing - Loads of clips on twitter such as the below....
Boeing whistleblower Ed Pierson just told the Senate, “I’m not going to sugar coat this: This is a criminal cover up.”
He says Boeing illegally stopped conducting thousands of quality control inspections and hundreds of airplanes left Boeing factories without those inspections.
Anyone who thinks RR has reached it's PEAK needs their head examining. We're on the cusp of manufacturing SMR's and re-entering the narrow body market. The company could literally double its revenue in the next 10 years (and that's probably being conservative :-))
According to an RNS (released yesterday) on Regional REIT's page they're at 90% in a flagship office at Glasgow Airport - RR are mentioned as "new" tennants although as I said previously this was actually announced back in September... all a bit odd...