Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Rolls-Royce: 2020 half year results

Decisive actions in response to COVID-19

Rolls-Royce unveiled today the 2020 half year results. Decisive actions in response to COVID-19 Significant H1 impact from COVID-19; timing and shape of industry recovery remains uncertain Successful execution of cost mitigations; £350m delivered in H1 towards £1bn 2020 target Fundamental restructuring of Civil Aerospace; > 4,000 group headcount reduction by 27 August Defence remained resilient; Power...

red - 1231386
London, UK, 08/27/2020 13:57
AVIONEWS - World Aeronautical Press Agency

AirlinesAviation crisis, 5 billion pounds for Rolls-Royce

Recapitalization plan for industry

Bond and stock market represent one of the last resources that Rolls-Royce wants to draw on to tackle the crisis in the aviation sector linked to the Covid-19 pandemic (read also the article published... more

Similar

Civil aviationSolarig Spain invests €1.15 billion to produce SAF aviation fuel

New plant in Teruel, Aragon, with capacity of over 75,000 tons per year

Equivalent to 33,000 flight connections between Zaragoza and London (considering a 50% sustainable fuel mix) more

DefenseTurkish Ucav Bayraktar TB3 PT2 conducts first carrier flight test

Lasted 46 minutes, then the re-landing on the same short runway of TCG "Anadolu" - VIDEO

The Bayraktar TB3 Unmanned Combat Aerial Vehicle (UCAV) has successfully completed its first flight test from the deck of the Turkish Navy's amphibious assault ship "Anadolu", classified as an aircraft-helicopter... more

AerospaceLunar Exploration: NASA assigns tasks to Blue Origin and SpaceX

As part of Artemis they will have to deliver large parts of equipment and infrastructure to the Moon

NASA, the American space agency, is preparing to explore the lunar surface with the Artemis campaign. As part of this effort, it announced in these hours, it intends to award Blue Origin and SpaceX additional... more