RE: Predictions for tomorrow29 Sep 2020 00:22
Unfortunately RR is in a really bad situation atm, it’s not just the engines Not flying it’s also the engine
Orders that have been deferred for years to come.. we’re talking 5 years some airlines have deferred them
Not to Mention the cash burn a day they have.. millions a day is believed to be what they need to operate
Its a tricky and horrible time and I think the longer this uncertainty in airlines goes on the lower this sp will get, £1 very possibly Now, I didn’t and don’t want to believe it but I think it’s coming
This will Not bounce back to 3/4£ any time
Soon, they have bigger issue then just a bounce back
Long term it’s a great price but we’re talking years :( such a shame