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Rolls-Royce Limited
Rolls-Royce was a British luxury car and later an aero-engine manufacturing business established in 1904 in Manchester by the partnership of Charles Rolls and Henry Royce. Building on Royce's good reputation established with his cranes, they quickly developed a reputation for superior engineering by manufacturing the "best car in the world". The business was incorporated as Rolls-Royce Limited in 1906, and a new factory in Derby was opened in 1908. The First World War brought the company into manufacturing aero-engines. Joint development of jet engines began in 1940, and they entered production. Rolls-Royce has built an enduring reputation for development and manufacture of engines for defence and civil aircraft. In the late 1960s, Rolls-Royce was adversely affected by the mismanaged development of its advanced RB211 jet engine and consequent cost over-runs, though it ultimately proved a great success. In 1971, the owners were obliged to liquidate their business. The useful ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Examples include the ''limited liability company, LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, ''GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and person ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bentley Motors
Bentley Motors Limited is a British designer, manufacturer and marketer of luxury cars and SUVs. Headquartered in Crewe, England, the company was founded as Bentley Motors Limited by W. O. Bentley (1888–1971) in 1919 in Cricklewood, North London, and became widely known for winning the 24 Hours of Le Mans in 1924, 1927, 1928, 1929 and 1930. Bentley has been a subsidiary of the Volkswagen Group since 1998 and consolidated under VW's premium brand arm Audi since 2022. Prominent models extend from the historic sports-racing Bentley 4½ Litre and Bentley Speed Six; the more recent Bentley R Type Continental, Bentley Turbo R, and Bentley Arnage; to its current model line, including the Flying Spur, Continental GT, Bentayga and the Mulsanne—which are marketed worldwide, with China as its largest market as of November 2012. Today most Bentley models are assembled at the company's Crewe factory, with a small number assembled at Volkswagen's Dresden factory, Germany, and with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Offering
A public offering is the offering of securities of a company or a similar corporation to the public. Generally, the securities are to be listed on a stock exchange. In most jurisdictions, a public offering requires the issuing company to publish a prospectus detailing the terms and rights attached to the offered security, as well as information on the company itself and its finances. Many other regulatory requirements surround any public offering and they vary according to jurisdiction. The services of an underwriter are often used to conduct a public offering. Stock offering Initial public offering (IPO) is one type of public offering. Not all public offerings are IPOs. An IPO occurs only when a company offers its shares (not other securities) for the first time for public ownership and trading, an act making it a public company. However, public offerings are also made by already-listed companies. The company issues additional securities to the public, adding to those cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aircraft Corporation
The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrongs (Aircraft), the Bristol Aeroplane Company and Hunting Aircraft in 1960. Bristol, English Electric and Vickers became "parents" of BAC with shareholdings of 20%, 40% and 40% respectively. BAC in turn acquired the share capital of their aviation interests and 70% of Hunting Aircraft several months later. History Formation BAC's origins can be traced to a statement issued by the British government that it expected the various companies involved in the aircraft, guided weapons and engine industries to consolidate and merge with one another. Furthermore, the government also promised incentives to motivate such restructuring; the maintenance of government research and development spending and the guarantee of aid in launching "promising new types of civil aircraft". One particularly high-profile incentive wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rolls-Royce RB211
The Rolls-Royce RB211 is a British family of high-bypass turbofan engines made by Rolls-Royce. The engines are capable of generating of thrust. The RB211 engine was the first production three-spool engine, and turned Rolls-Royce from a significant player in the aero-engine industry into a global leader. Originally developed for the Lockheed L-1011 TriStar, it entered service in 1972 and was the exclusive engine to power the L-1011. Mismanagement of the initial development and consequent cost issues led to the effective nationalisation of Rolls-Royce Limited, to save the workforce and the engine businesses important to the UK and many other aerospace and aircraft operating companies. In the early 1970s, the engine was reckoned by the company to be capable of at least 50 years of continuous development. The RB211 was superseded in 1989 by the Rolls-Royce Trent family of engines when the RB211-524L was renamed the Trent. History Background In 1966, American Airlines a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jet Engine
A jet engine is a type of reaction engine discharging a fast-moving jet (fluid), jet of heated gas (usually air) that generates thrust by jet propulsion. While this broad definition can include Rocket engine, rocket, Pump-jet, water jet, and hybrid propulsion, the term typically refers to an internal combustion airbreathing jet engine such as a turbojet, turbofan, ramjet, or pulse jet engine, pulse jet. In general, jet engines are internal combustion engines. Airbreathing jet engines typically feature a Axial compressor, rotating air compressor powered by a turbine, with the leftover power providing thrust through the propelling nozzle—this process is known as the Brayton cycle, Brayton thermodynamic cycle. Jet aircraft use such engines for long-distance travel. Early jet aircraft used turbojet engines that were relatively inefficient for subsonic flight. Most modern subsonic jet aircraft use more complex High-bypass turbofan, high-bypass turbofan engines. They give higher ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First World War
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Arch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crane (machine)
A crane is a type of machine, generally equipped with a hoist (device), hoist rope, wire ropes or chains, and Sheave (mechanical), sheaves, that can be used both to lift and lower materials and to move them horizontally. It is mainly used for lifting heavy objects and transporting them to other places. The device uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of a human. Cranes are commonly employed in transportation for the loading and unloading of freight, in construction for the movement of materials, and in manufacturing for the assembling of heavy equipment. The first known crane machine was the shaduf, a water-lifting device that was invented in ancient Mesopotamia (modern Iraq) and then appeared in ancient Egyptian technology. Construction cranes later appeared in ancient Greece, where they were powered by men or animals (such as donkeys), and used for the construction of buildings. Larger cranes were later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aero-engine
An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. Most aircraft engines are either piston engines or gas turbines, although a few have been rocket powered and in recent years many small UAVs have used electric motors. Manufacturing industry In commercial aviation the major Western manufacturers of turbofan engines are Pratt & Whitney (a subsidiary of Raytheon Technologies), General Electric, Rolls-Royce, and CFM International (a joint venture of Safran Aircraft Engines and General Electric). Russian manufacturers include the United Engine Corporation, Aviadvigatel and Klimov. Aeroengine Corporation of China was formed in 2016 with the merger of several smaller companies. The largest manufacturer of turboprop engines for general aviation is Pratt & Whitney. General Electric announced in 2015 entrance into the market. Development history * 1848: John Stringfellow made a steam engine for a 10-foot wingspan m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Car
A luxury car is a car that provides increased levels of comfort, equipment, amenities, quality, performance, and associated status compared to moderately priced cars. The term is subjective and reflects both the qualities of the car and the brand image of its manufacturer. Luxury brands rank above ''premium brands'', though there is no fixed demarcation between the two. Traditionally, most luxury cars were large vehicles, though smaller sports-oriented models were always produced. " Compact" luxury vehicles such as hatchbacks, and off-road capable sport utility vehicles, are relatively modern trends. Classification standards Several car classification schemes include a luxury category, such as: * Australia: Since the year 2000, the Federal Government's luxury car tax applies to new vehicles over a certain purchase price, with higher thresholds applying for cars considered as fuel efficient. As of 2019, the thresholds were approximately AU$66,000 (US$,000) for norm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bristol Siddeley Engines
Bristol Siddeley Engines Ltd (BSEL) was a British aero engine manufacturer. The company was formed in 1959 by a merger of Bristol Aero-Engines Limited and Armstrong Siddeley Motors Limited. In 1961 the company was expanded by the purchase of the de Havilland Engine Company and the engine division of Blackburn Aircraft. Bristol Siddeley was purchased by Rolls-Royce Limited in 1966. History Bristol Siddeley Engines Limited was formed by the 1 April 1959 merge of Bristol Aero-Engines and Armstrong Siddeley Motors. These were the aero engine manufacturing companies of the Bristol Aeroplane Company and the Hawker Siddeley Group. The share capital of Bristol Siddeley was held in equal proportions by these two parent organisations. At around the same time Bristol's aircraft manufacturing was being subsumed into the British Aircraft Corporation along with those of English Electric and Vickers-Armstrong. Armstrong Siddeley Motors had been producing aero-engines and motor-cars sinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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