Rr long term20 Jan 2022 16:21
Most of the engines are sold on total care. We need air traffic back to pre Covid levels or close. The total care means Rr get paid when the engines are flying. Need long haul to recover. Saying that 9000 gone of the wage bill. Plus R&D expenditure down. No forecast from me. Can’t see much happening til figures out 24/2/2022 I think