Rolls-Royce Sees Gradual Recovery but More Covid Uncertainty | Aviation International News

Rolls-Royce Sees Gradual Recovery but More Covid Uncertainty

UK engine maker Rolls now expects a 55 percent decline in engine flying hours for widebodies this year.

By Gregory Polek • Senior Editor

July 9, 2020

Rolls-Royce on Thursday said it expects a gradual recovery of its end markets as travel restrictions ease in the coming months, but it acknowledged an “elevated” level of uncertainty in the industry outlook. In a trading update issued the same day, it now forecasts widebody engine flying hours to decline by about 55 percent this year, as more long-haul routes open up in the fourth quarter. The company continues to plan for about 250 widebody engine deliveries in 2020, based on announced build rates from its airframer customers.

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