Rolls (jet engines) moves it's Design Approval process to Europe

[Zak33]

This is something I'd not reayl considered.

I always ponder the concerens about having no deal with Europ to sell into Europe.

But Rolls are worried that it will take Britan too long to agree gloal deals with all the countries of the world for it's engines and so wants that part of it's business to be IN EUROPE so that it can deal with the world as a European business.

Rolls, one of the biggest names in British industry, said relocating the design approval process was a purely technical move and would not involve transferring jobs.

The European Aviation Safety Agency said in a filing that it had now formally approved the request.
“Rolls-Royce has become in terms of conception a German organisation, so belonging to the EU,” a European official said.
“By doing this their products continue to be European. If they had not done so, they would have been British products and in the case of a hard Brexit it would be much harder for such a product to accepted by third countries than a European one.”

That's a bit of a kick in the teeth

[b0redom]

I don't understand why anyone is even vaguely surprised about this stuff. You have a potential market of 55 million vs a potential market of 600 million. Who's not going to position themselves for the bigger market?

[Saracen999]

I don't understand why anyone is even vaguely surprised about this stuff. You have a potential market of 55 million vs a potential market of 600 million. Who's not going to position themselves for the bigger market?

Whilst I take your point, I'd correct those figures, assuming 600m refers to the Eu and 55m to the UK. In fact, the EU is currently 508m, including the UK, which is 64.88m.

So, the EU without UK is 443.12m, and the UK still 64.88m. Figures are current, source = europa.eu.

The general point holds, but the EU, even with the UK, is well short of 600m and presumably, in comparing markets, we're looking at post-Brexit figures.

Also, I can't see the relevance of population stats when talking about the market for jet engines, because

a) not many members of the popukation buy aircraft jet engines, and
b) the point Rolls were making was about not having confirmed tradingcarrangements with the rest of the world.

If we were talking about selljng tomatoes, or lamb mince or even cars, then that popukation comparison makes sense, at least in the short term, but omits any potential markets an independent UK may agree with ROTW, but currently, of course, cannot legally agree while still in the EU.

[b0redom]

Fair point about the numbers, however, I still maintain that the market for jet engines holds. If you have to certify the engines, it makes sense to certify for the bigger market. OK the number of end consumers won't be the same, but the number of flights/airports etc is likely to be more or less proportionally related to the population size.

Re your potential markets, I personally can't wait until we can negotiate our own trade deals, given the sterling job that the same people who'll be doing that are making with the Brexit negotiations.

[Zak33]

I don't understand why anyone is even vaguely surprised about this stuff. You have a potential market of 55 million vs a potential market of 600 million. Who's not going to position themselves for the bigger market?

sadly you miss the point entirely - which is no doub my fault for explaining it wrongly... I shall endeavour to do better now.

A) retail punters don't but aero engines. The Population of you and me as not in question. Period.

B) They are NOT taking it to Europe to maintain the European market. That's not what it's about.
They are taking it to Europe to utilise the European trade agreements that Europe has with the REST OF THE WORLD.

Because they are concerned that the UK will not GET trade agreements fast enough with the rest of the world to sell their engines from here.

ie

Re your potential markets, I personally can't wait until we can negotiate our own trade deals, given the sterling job that the same people who'll be doing that are making with the Brexit negotiations.

that

Did that come out better?

[Saracen999]

@b0redom ...

Well, whether it's the exact same people rather depends on whether our wonderful (I wish there was a strong enough irony smilie for that) PM lets the Department we have for Trade do the trade deals or, like Brexit, she appoints ministers then sidelines them to let her own apparatchik do it,.

Given her recent propensity for buying a dog, then doing her own barking, you may be right.

@Zak ...

Exactly.

[Corky34]

A) retail punters don't but aero engines. The Population of you and me as not in question. Period.

I wish we could, those things are amazing (from a technical perspective), being able to start up and listen to your own aero engine would put listening the rumblings of a V8 to shame.

[kalniel]

I wish we could, those things are amazing (from a technical perspective), being able to start up and listen to your own aero engine would put listening the rumblings of a V8 to shame.

You're not looking hard enough:

https://www.ebay.co.uk/itm/ROLLS-ROY...-/303039633493

[the_weegie]

You're not looking hard enough:

https://www.ebay.co.uk/itm/ROLLS-ROY...-/303039633493

Ho... How?!

[b0redom]

B) They are NOT taking it to Europe to maintain the European market. That's not what it's about.
They are taking it to Europe to utilise the European trade agreements that Europe has with the REST OF THE WORLD.

Because they are concerned that the UK will not GET trade agreements fast enough with the rest of the world to sell their engines from here.

ie that

Did that come out better?

I think, Sir, that we may be in violent agreement.

[Zak33]

I think, Sir, that we may be in violent agreement.

kinda knew we were really.