MooPig Earnings Tracking Department Presents :: "ROLLS ROYCE"

" ... Aero-engine maker Rolls-Royce powers both military and civil aircraft and is a big supplier of power generating turbines to the marine and energy markets. The company, once famous for its prestige motor cars, sold the car business to Vickers in 1980, but retained the rights to the brand name. These rights were transferred to Germany's Volkswagen in 1998 and then passed on to BMW in 2003. ... "

[SOURCE]

" ... Shares in Rolls-Royce have recovered even though it will have to spend money solving the problems of the Trent 900 engine.

This extra cost will hit 2010 profit. An investigation into the engine explosion on the Trent 900 powered A380 Qantas super-jumbo has found the failure was confined to one component in the turbine area of the engine, which caused an oil fire and the release of the intermediate pressure turbine disc. ... [SOURCE]"

Let's Keep On Keeping those Passengers Alive !!

Qantas grounds its Airbus 380 superjumbo jets after engine blows out
The jet makes a safe emergency landing in Singapore with 459 people aboard.
The Associated Press  |   November 4, 2010  |  7:13 a.m   |  EXCERPT
" ... [S]hooting flames and raining large metal chunks before making a safe emergency landing in Singapore with 459 people aboard.

It was most serious midair incident involving the double-decker A380, the world's largest and latest airliner, since it debuted in October 2007 with Singapore Airlines flying it to Sydney -- the same route that Qantas flight QF34 was flying when it was stricken. ... (SOURCE)"