Selected menu has been deleted. Please select the another existing nav menu.

Rolls-Royce

Cathay Pacific Grounds Planes Due to Engine Problem

Creative Media NewsTuesday, 3 September 2024, 11:310

Cathay Pacific, Hong Kong's leading airline, has canceled tens of flights after a plane flying from the city to Zurich was forced to turn around due to an "engine component failure."The company claims it has assessed all 48 of its Airbus A350s and discovered 15 problematic parts needing replacement.Rolls-Royce, the British engineering behemoth, manufactured the planes' Trent XWB-97 engines.

Rolls-Royce chief to remove 2,500 positions to cut costs

Creative Media NewsTuesday, 17 October 2023, 22:000

CEO’s Restructuring Strategy Tufan Erginbilgic has devised strategies to significantly reduce the number of non-engineering positions as part of a reorganization that is expected to be disclosed on Tuesday. Mass Layoffs Announcement The aircraft engine manufacturer Rolls-Royce Holdings will eliminate over 2,000 positions as part of a cost-cutting initiative led by its new CEO. Global...

New boss cancels Rolls-Royce carbon capture initiative.

Creative Media NewsWednesday, 24 May 2023, 14:000

As part of his efforts to reduce costs and refocus the FTSE-100 aircraft engine manufacturer, Tufan Erginbilgic has terminated work on a direct air capture product. Rolls-Royce Holdings is eliminating a portion of its carbon capture operation as the FTSE-100 engineering conglomerate streamlines under its new chief executive. The company abandoned the development of a...

Rolls-Royce unveils its first electric car.

Creative Media NewsThursday, 20 October 2022, 10:000

Rolls-Royce has finally unveiled its first entirely electric vehicle, the elegant and silent Spectre, which goes on sale today to environmentally conscious ultra-wealthy buyers. The new Spectre, which has undergone thousands of miles of testing under a camouflage skin disguise, has a mighty 577 horsepower (430kW) with two electric motors – one driving each axle...

Creative Media News is your premier source for the latest updates in finance, technology, and world events. Our dedicated team of journalists delivers in-depth analysis, breaking news, and expert opinions to keep you informed and engaged. Whether you’re interested in stock market trends, innovative tech, or global affairs, we’ve got you covered. Stay ahead with our reliable, timely, and insightful content. Join our community of readers who trust Creative Media News for accurate, up-to-date information. Follow us for daily updates and stay connected with the world’s most important stories.