Rolls-Royce (LSE: RR) today announces it is investing in its assembly, test and shop visit capacity in the UK and Germany to address growing long-term demand for new civil large engines and improve customer aftermarket support services for its global Trent fleet.
As outlined at last year’s Capital Markets Day, Rolls-Royce expects an annual increase of 7 – 9% of Rolls-Royce powered aircraft in service for the remainder of the decade and forecasts engine flying hours to reach 120 – 130% mid-term compared to 2019 levels.
To prepare for this growth, Rolls-Royce is investing £55m and recruiting more than 300 front-line operations roles, split between its operations in Derby, UK, and Dahlewitz, Germany. About half of the investment and about two thirds of the jobs will be created in Derby.
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