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...
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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