Despite progress on the recovery of its widebody engines that are flying more hours than before, Rolls-Royce’s Civil Aerospace business unit has actually slipped back into a loss in HY1 of this year. Are Rolls-Royce’s HY1 results as bad as they look? The...
Rolls-Royce is benefitting from an upturn in flying of its large engines’ fleet, a recovery in its Power Systems business, and good results from its Defence business. The UK engine maker said in a trading update on December 9 that its third-quarter produced positive...
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