Rolls-Royce takes £1.4 billion hit on troubled plane engines

Rolls-Royce on Thursday said that problems with its Trent 1000 plane engines will hit the British group's 2019 profits by about £1.4 billion ($1.8 billion, 1.6 billion euros).

Used to power Boeing's 787 Dreamliner aircraft, the engines have seen some parts wear quicker than expected, forcing Rolls to carry out costly repairs.

Rolls on Thursday said the exceptional charge to full-year operating profit "represents the additional near term costs of customer disruption and remediation shop visits and provisions against future losses on a small number of contracts".