Rolls-Royce nears return to profit after ‘torrid’ recent years as departing CEO points to ‘significant progress’ since its Covid lockdown hammering
- Warren East said the firm should achieve a profit and positive cash flow this year
- Rolls Royce’s civil aerospace division is heavily reliant on planes regularly flying
- Airline Qantas recently bought 12 Airbus planes fitted with Rolls-Royce engines
Rolls-Royce has maintained its full-year financial outlook as a healthy rise in air passenger travel bolstered its pandemic recovery.
Ahead of an annual general meeting on…
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