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Rolls-Royce seeks UK backing to re-enter narrowbody jet market
The company says underlying profits for 2025 rose 40% to £3.5bn, as it prepares to address durability issues on Trent engines before targeting narrowbody demand at Farnborough.
Rolls-Royce is seeking support from the UK government as it looks to re-enter the narrowbody jet market, positioning the bid as the next step after addressing engine durability problems that had led to disputes with airline customers.
The company’s turnaround comes as it works through overhaul activity tied to persistent issues with its Trent engines, including cracking in turbine blades. Rolls-Royce says it is on track to fit new blades to all Trent 1000 engines in service by next June.
The Guardian Business reports that Rolls-Royce’s underlying profits for 2025 rose 40% to £3.5bn, and its share price is now above £13, about 10 times what it was three years ago.
As the aviation industry gathers this week in Farnborough, about 30 miles west of London, Rolls-Royce is also benefiting from a recovery in commercial flying after the Covid pandemic, increased defense-related spending since 2022, and demand for generators used in AI data centers, according to the outlet.