Rolls-Royce Takes Big Financial Hit From Trent 1000 Problems

Credit: Rob Finlayson
LONDON—Aero-engine manufacturer Rolls-Royce has taken a £554 million ($727 million) hit over problems with the Trent 1000 engine powering the Boeing 787. The charge, revealed by the company as it announced its half-year results on Aug. 2, contributed to a pre-tax loss of £1.3 billion in the six...
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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