Rolls-Royce Holdings

Turkish Airlines has inked an agreement with Rolls Royce regarding the maintenance services and the supply of engines for Airbus A350 aircraft, Transport and Infrastructure Minister Abdulkadir Uraloğlu has announced.

Britain's Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more than 4,000 jobs this week.

British engineering and manufacturing giant Rolls-Royce, which has operations in key five sectors, will direct its focus toward Turkey's defense and civil nuclear industries in the near term while prioritizing knowledge transfer, a top company representative has told the Hürriyet Daily News. 

Dubai's Emirates said on Dec. 29 it has reached an agreement with Rolls-Royce over a "technical issue" relating to the engines of Airbus's A380 superjumbo, and confirmed receiving one plane this week.

The carrier also said it "will continue to receive deliveries of both A380s and (Boeing) 777s in 2017."

Dubai's Emirates Airline on April 17 awarded a lucrative engines deal worth a record $9.2-billion (8.5-billion-euro) to British aircraft engine maker Rolls-Royce.

"Emirates today announced an historic $9.2 billion deal with Rolls-Royce for Trent 900 engines and a long-term TotalCare package," it said in a statement.