Airline

Rolls Royce playing it safe despite increased revenue predictions

April 29 - Rolls-Royce, British engine maker, is showing caution despite the prediction venturing into aircraft programmes is going to double its revenues in the next 10 years. "Whilst we are seeing signs of stability and modest improvement in some parts of the global economy, the overall environment remains challenging," Rolls Royce Chief Executive John Rose said yesterday.
Shares of the company that have been rising in the last three months went down by 3.47 per cent, thus valuing the group at Dh61.39 billion ($16.80 billion). "We continue to expect underlying revenue, underlying profits and average net cash balances to be broadly similar to those achieved in 2009 despite a modest cash outflow in 2010," Rose said.
Rolls-Royce is the world’s second largest maker of aircraft engines after General Electric. Like other engine makers, the company has suffered delays in the production of new Airbus and Boeing planes, thus decreasing revenues.
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Jazeera Airways launches flights to Kara...
Emirates expecting over 500,000 arrivals...
Kazakhstan's new tourist attraction - fa...
Featured Sights To See
National Museum

National Museum

Muscat, Oman

This museum showcases Omani culture and history by featuring various exhibits. Showpieces range from jewelry, Omani dress and costumes to carpets, furniture, dowry chests, murals, and boats. Also housed within the National Museum’s walls are portraits and paintings of the Al-Abu-Said rulers as well as ancient manuscripts and letters, the most remarkable of which is a letter by the Prophet Muhammad...

Chinese Garden of Friendship

Chinese Garden of Friendship

Sydney, Australia

Tel: (02) 9281 6863. E-mail: edgarm@shfa.nsw.gov.au Opening hours: Daily 0930-1700. Admission: A$6. ...

Iranian Photographer’s Centre

Iranian Photographer’s Centre

Tehran, Iran

shows an interesting slice of Persian art and is a good place to meet Iranian photographers. The gallery is beautifully displayed and there is an adjoining shop which sells photographic equipment. Telephone: 8889 5054 ...

Altes Rathaus (Old City Hall) with Spielzeugmuseum

Altes Rathaus (Old City Hall) with Spielzeugmuseum

Munich, Germany

To the right of the New City Hall is the Old City Hall, which has been rebuilt after being destroyed in the war. It is built in the 15 th century style and now houses a vast toy collection in the Toy Museum. Timings: Daily 10.00 to 17.30 Admission: €  3 for adults € 1 for children €6 for a family Tel: 089-294001  ...