Rolls-Royce takes “largest-ever“ restructuring: cuts 1,400 jobs
After warnings about future job cuts in the company, Rolls-Royce started its restructuring process with 1,4000 redundancies....
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After warnings about future job cuts in the company, Rolls-Royce started its restructuring process with 1,4000 redundancies....
Rolls-Royce launched a new project which should speed up the development of future aerospace technologies. British company set a goal to reduce the negative impact of COVID-19-related consequences for airlines and diminish the environmental impact by repairing aircraft components instead of scrapping them. ...
Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately $2.6 billion. In order to mitigate the COVID-19 effect on business, the company will offer its shareholders a make-or-break deal by placing new shares....
Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately £5 billion. The British engine maker expects to raise £2 billion from the rights issues and £3 billion government-backed debt....
Rolls-Royce has completed tests of its world’s faster all-electric aircraft on a full-scale replica of the plane’s core called “ionBird”....
A £5.4 billion ($6 billion) loss prompted the engine manufacturer Rolls-Royce to consolidate its civil aerospace operations. Four thousand employees were already axed with 5,000 more to follow, while ITP Aero, a subsidiary Spanish aero engine and gas turbine manufacturer, is a target of potential disposal....
EASA announced that repetitive on-wing inspections are now necessary for three variants of Rolls-Royce Trent 900 engines, following previously identified cracks on their rotor shafts....
Rolls-Royce and Reaction Engines will partner to develop high-speed aircraft propulsion systems for civil and defense aerospace gas and hybrid-electric engines. ...
Virgin Galactic announced that they would be collaborating with Rolls-Royce in designing and building Mach 3, a supersonic commercial aircraft....
With the global air travel industry stopping almost to a halt due to the pandemic, engine makers have also suffered massively. Rolls-Royce, in its latest financial update, indicated that its engine flying hours were down as much as 80% at one point....
