Independent journal on economy and transport policy
12:36 GMT+1
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Rolls-Royce employs more than 4,000 people in the UK
The measure is a consequence of the unprecedented reduction in air traffic caused by the pandemic
May 7, 2020
Emphasizing that Rolls-Royce, as a group, is ready to enduring a prolonged period of uncertainty in the situation, However, the company confirmed that due to the unprecedented reduction in air traffic caused by the pandemic, a significant reduction in group's cash availability during the second quarter, however, stating that the financial position of the group continues to be solid as well as solid continues to liquidity position that provides support for group activities.
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Emphasizing that Rolls-Royce, as a group, is ready to enduring a prolonged period of uncertainty in the situation, However, the company confirmed that due to the unprecedented reduction in air traffic caused by the pandemic, a significant reduction in group's cash availability during the second quarter, however, stating that the financial position of the group continues to be solid as well as solid continues to liquidity position that provides support for group activities.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
