Pandemic tests Rolls-Royce resilience after prolonged engine trouble


  • TECH
  • Friday, 18 Dec 2020

FILE PHOTO A man looks at Rolls Royces Trent Engine displayed at the Singapore Airshow in Singapore February 11 2020. REUTERSEdgar Su

FILE PHOTO: A man looks at Rolls Royce's Trent Engine displayed at the Singapore Airshow in Singapore February 11, 2020. REUTERS/Edgar Su

LONDON/PARIS (Reuters) - Rolls-Royce may be the jewel in Britain's industrial crown, but the coronavirus crisis has left the engine-maker facing one of the toughest challenges in its 114-year history.

The Airbus and Boeing supplier bought itself time by raising 5 billion pounds ($6.8 billion) to survive the global grounding of planes, but is warning that 2020 will be even worse than expected.

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