Rolls-Royce spent more than $721 million this year for issues with its Trent 1000 engine, which Boeing uses for some of its 787 Dreamliners.
That is in addition to the approximately $586 million Rolls-Royce expected in costs to fix its Trent 1000 and Trent 900 engines. The company estimates it will spend $1.6 billion in associated costs to fix the issues with the two engines from 2018 to 2020.
Rolls-Royce posted a $1.64 billion loss for the first half of the year.
This year's extra costs are a result of material issues that caused widespread, significant disruption to Boeing and its airline customers. Scott Hamilton of Leeham Aviation Consulting Co. said the engine issues have impacted Boeing's airplane production, as well.
"At one point at the Everett factory there were about five 787s without engines that were on the flight line and down at Charleston there were three or four without engines on the flight line," he said. "I don't know what kind of delays that were per their delivery contracts but it's very unusual to see airplanes without engines."
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