Rolls-Royce has announced record losses as the COVID-19 pandemic reduced demand for air travel.
The company, which makes jet engines, says it suffered a pre-tax loss of $7.1 billion US dollars for the first half of the year.
And its chief executive is not hopeful demand will return for years.
Stuart Smith has more from London.
IN: "Rolls-Royce..."
The company, which makes jet engines, says it suffered a pre-tax loss of $7.1 billion US dollars for the first half of the year.
And its chief executive is not hopeful demand will return for years.
Stuart Smith has more from London.
IN: "Rolls-Royce..."
OUT: SOC
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