Keep calm6 Jul 2023 17:03
Unless you need to sell, don’t worry, this is just a short backtrack. There will be a big increase soon, just a waiting game. No red flags at the moment, lots of noise, no matter what the so called experts say things are looking very good for RR. We have seen increase an in engine orders recently, increased flying hours on wide bodies planes which bring in more revenue.
The company is focusing on debt reduction and possible dividends, additional to this there is operational restructuring to remove waste and make it more profitable.
SMR news will be due soon another reason to be cheerful, hopefully with a large investor assisting in the development/build program