Rolls-Royce Confident Of Rapid Air Travel Recovery After $5.6B Loss

Tony Osborne March 11, 2021
Rolls
Credit: Rolls-Royce
LONDON—Rolls-Royce CEO Warren East said he is confident about a rapid recovery of the air transport sector after the pandemic led the company to a £4 billion ($5.6 billion) loss in 2020. The loss, which contrast with a £583 million profit in 2019, reflects the dramatic fall in average engine flying...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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