Rolls-Royce looks to the future with start of UltraFan build

Rolls-Royce said it had started building its new greener UltraFan engine and aims to have the first demonstrator model completed by the end of the year, in what it hopes will be a boost to both it and the environment. The British company has been hit harder than most by the pandemic, with much of its income disappearing when airlines stopped flying, leaving it to post a record $5.6b underlying loss in 2020. Rolls believes a new engine will be needed by aircraft manufacturers, even if the date when either Airbus or Boeing develop a new jet has been pushed further into the future by the coronavirus crisis. It hopes the UltraFan, which it describes as the world’s largest aero-engine, could deliver a 25% fuel efficiency improvement compared with the first generation of its Trent engine.<br/>
Reuters
https://www.reuters.com/article/idUSKBN2BL1GU
3/29/21