ROLLS-ROYCE has revealed a £56m hit after the mid-air failure of one of its Trent 900 engines on a Qantas superjumbo.
The group said the blow contributed to a 20 per cent fall in underlying profits at its civil aerospace arm last year.
The engine exploded and forced an A380 superjumbo into an emergency landing. The group said a ‘rapid and effective response’ helped it identify the fault and return to normal service within weeks. The woes did not hold back profits growth in the wider business, with underlying pre-tax profits up four per cent to £955m in 2010.