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Rolls-Royce Issues New Shares To Bolster Finances

Rolls-Royce Issues New Shares To Bolster Finances

Like many aviation companies in the pandemic, Rolls-Royce are taking steps to protect their liquidity, in this case by selling 94% of new shares. The British company does so as part of a £2 billion rights issue. The promising news of a number of working Covid-19...
Brexit Makes UK Aviation World Nervous

Brexit Makes UK Aviation World Nervous

Unless UK and the EU agree a Brexit deal, newly designed British aircraft components may temporarily stay uncertified, precluding their use. UK’s CAA will need to setup its own certification body post-Brexit, but this could take months to complete. Right now, the...