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Rolls Royce shares fall following Dreamliner fault

Share prices at Rolls Royce have fallen, after it was revealed that there could be a problem with the gearbox of the Boeing 787 Dreamliner.

The engineering company now plans to replace parts of the plane’s engine, after corrosion was found inside the gearbox during an endurance test.

The component is being replaced as a protective measure, but despite this share prices have fallen by 2% to 841p.

All Nippon Airways have grounded five of its Dreamliner planes. After components were replaced, two planes have since returned to service, but this announcement is further bad publicity for the engineering firm following an explosion on a Rolls-Royce engine in the Airbus A380 two years ago,

The 787 Dreamliner and the A380 are two of the newest commercial airlines. The former was build using specialist lightweight materials, and is around 20% more fuel efficient than its its nearest rival aircraft.

This was posted in Bdaily's Members' News section by Ruth Mitchell .