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
flydubai will fly to Tashkent from 11 Ma...
ATM Dubai to launch Holiday Shopper on 2...
Agoda partners with Saudi Ministry of ...
Featured Sights To See
Kepulauan Seribu (Thousand Islands)

Kepulauan Seribu (Thousand Islands)

Jakarta, Indonesia

Located north of Jakarta in the Java Sea, these stunning Kepulauan Seribu are easily accessible by speed boat from the Ancol marina. These 300 or so islands offer to an escape from the hustle and bustle of a metropolitan city.  ...

What to do with kids in tow

What to do with kids in tow

London, United Kingdom

London is a very child friendly city. When visiting London, you will see that there are enough places and activities to keep you and your children busy. Some of the places that you can take your children to while in London are: V&A Museum of Childhood The national museum of childhood is a branch of the Victoria and Albert Museum. The museum has an extensive toy collection that comprises ...

Heritage/Bedouin Village

Heritage/Bedouin Village

Abu Dhabi, United Arab Emirates

This Village in Abu Dhabi convincingly portrays the itinerant Bedouin lifestyle. The innovative dwellers of Abu Dhabi not only lived a Bedouin existence but also had sundry professions. Heritage Village is an artificially made development that reflects and showcases the country’s traditional past prior to the discovery of oil and the developments that came about with it. It depicts a typical Bedou...

What to do with children in tow

What to do with children in tow

Abu Dhabi, United Arab Emirates

Children’s Park The park is considered an idyllic place for children as it incorporates all kinds of swings, climbing frames and slides for the tiny tots,  providing them maximum amusement that will make their tour to the city simply unforgettable. Adults are allowed on some of the rides thus taking them back into their childhood. The garden also has a cafeteria. Mushrif Children's Ga...