Tag Panos Kakoullis

Aerospace, Rolls-Royce

Higher flying hours benefit cash position Rolls-Royce

Large engine flying hours of Rolls-Royce turbo engines have further increased to 65 percent of 2019 levels in the third quarter, up from sixty percent by the end of June. They are now on average at 62 percent for the year…

Richard Schuurman
November 3, 2022

Aerospace, Rolls-Royce

Rolls-Royce back to its first operating profit since 2019

Rolls-Royce has produced its first operating profit since 2019, reporting a £414 million underlying operating result for 2021. The engine maker has completed a long and painful restructuring that has reduced its Civil Aerospace unit in size by one-third. It expects…

Richard Schuurman
February 24, 2022