More Trent engine issues for Rolls-Royce

Apr. 02, 2019 5:07 AM ETThe Boeing Company (BA), RYCEYBABy: Yoel Minkoff, SA News Editor24 Comments
  • Singapore Airlines has found "premature blade deterioration" during routine inspections of some Trent 1000 TEN engines, leading the carrier to ground two Boeing (NYSE:BA) 787-10 aircraft in a widening turbine problem for Rolls-Royce (OTCPK:RYCEY).
  • Blade wear has prompted previous groundings of the planes for early repairs and lead to accounting charges at Rolls-Royce totaling hundred of millions of pounds.
  • It also comes at an inopportune time for Boeing, which faces a global grounding of its best-selling 737 Max after two crashes raised safety concerns with regulators.
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