London, Feb 15, 2026, 11:08 GMT — Market closed.
- Rolls-Royce shares finished Friday higher, beating the broader London market.
- Fresh signals of strong jet-engine servicing demand supported the sector.
- Focus now turns to upcoming results and any update on cash returns.
Shares in Rolls-Royce Holdings (RR.L) ended Friday up 3.67% at 1,271 pence (£12.71), outpacing the wider market in London. (Hargreaves Lansdown)
The stock heads into Monday with attention on the company’s 2025 full-year results on Feb. 26, a key read on cash generation and any next steps on shareholder returns. (Rolls-Royce)
A tailwind came from France’s Safran, which forecast higher 2026 profit after a jump in civil-engine services — the maintenance and spare-parts work that typically carries higher margins than new-engine sales. Safran said services revenue for civil engines rose 30% in 2025 as airlines kept older jets flying amid delays in new aircraft production. (Reuters)
The repair crunch is also back in the frame. GE Aerospace is turning to robots and “Lean” methods — a factory approach aimed at cutting waste — to lift repair volumes at a Singapore hub, Reuters reported, as maintenance queues stretch into months across the industry. AirAsia co-founder Tony Fernandes said engine makers “have got to remember airlines are their future and treat us as partners”. (Reuters)
The broader tape helped. The FTSE 100 rose 0.42% to 10,446.35 on Friday, data from Investing.com showed. (Investing)
Rolls-Royce also goes into the week with a customer dispute in the background. United Airlines disclosed in a regulatory filing that it is in a contract fight with Rolls-Royce over a long-term engine and maintenance deal linked to 45 Airbus A350s, and is seeking repayment of a $175 million upfront payment made in 2017 after alleging a breach; Rolls-Royce denied breaking any contract. A company spokesperson called United a “valued customer” and said it was “confident in our position”. (Reuters)
On cash returns, Rolls-Royce has an interim, non-discretionary buyback running. It said it would repurchase up to £200 million of shares under the programme, due to finish no later than Feb. 24, and that the scale of any 2026 buybacks would be reviewed by the board and was expected to be announced alongside the FY25 results. (Rolls-Royce)
But the trade can flip. If aircraft deliveries start moving again and repair bottlenecks ease, the current squeeze in parts and shop capacity may soften, taking some heat out of the high-margin services business. Contract disputes can also drag on, and they have a way of showing up in cash flow at awkward times.
