Rolls-Royce resilience tested by Covid-19 and more UK travel restrictions
Its future depends on the recovery of engine flight hours and a shift to a post-carbon economy, but it's still a ‘great, great British company’
19 December 2020 - 09:24
London/Paris — Rolls-Royce may be the jewel in Britain’s industrial crown, but the coronavirus crisis has left the engine-maker facing one of the toughest challenges in its 114-year history.
The Airbus and Boeing supplier bought itself time by raising £5bn to survive the global grounding of aeroplanes, but is warning that 2020 will be even worse than expected...
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