Rolls-Royce Targets Disposals As COVID-19 Ravages Revenues

Singapore
Trent fan blade production will be consolidated at Rolls' Singapore site to cut costs, meaning that function will no longer be performed in Barnoldswick, England.
Credit: Rolls-Royce
LONDON—Aero-engine manufacturer Rolls-Royce is looking to sell off assets as the impact of the coronavirus crisis on the travel industry bites deep into the company’s finances. The British engine-maker said it has identified “a number of potential disposals” that would allow the company to generate...

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