Rolls-Royce Beats Engine Fire Rap, Lands $1.2B Contract

That would be $4.2B this month alone
By Nick McMaster,  Newser Staff
Posted Nov 24, 2010 4:02 PM CST
Rolls-Royce Beats Engine Fire Rap, Lands $1.2B Contract
A Singapore Airlines Airbus A-380 has its engine checked, at the Airport Zuerich, in Switzerland, Thursday, Nov. 4, 2010.   (AP Photo/Keystone, Steffen Schmidt)

The fact that a faulty Rolls-Royce engine caused a fire and the subsequent grounding of Airbus A380s around the world seems not to have affected the company's business: It just won a $1.2 billion contract to provide engines and maintenance for Dubai's Emirates Airlines. In fact, it's gotten $4.2 billion in orders this month, thanks to other deals in China. Rolls-Royce now holds 56% of the Chinese market for large civilian aircraft engines.

"Rolls Royce don't produce bad engines," says the chief of Emirates Airlines. "I think there were, perhaps, issues with design and quality control, but the company will sort this out."

(Read more Rolls-Royce stories.)

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