Aerospace

Rolls-Royce weighs ITP Aero disposal as civil aerospace activity buckles

By 2020-08-27T07:24:00

UltraFan-closeup-c-Rolls-Royce_smaller

Source: Rolls-Royce

Rolls-Royce is weighing the disposal of its ITP Aero division as a halving of flying hours, depressed deliveries, and heavy exceptional charges sent its civil aerospace division into an underlying gross loss of more than £1.5 billion ($2 billion).

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now