Rolls-Royce faces a long haul back to high-flier status

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With aviation revenue barely off the ground, the company will have little good news to give at this week’s trading update

Transport yourself back to another time, another, more innocent, world: January 2020. Warren East, chief executive of jet engine manufacturer Rolls-Royce, is losing a sympathetic but by this time well-lubricated audience for his keynote speech at the aerospace and defence industry’s annual shindig. The word coronavirus is still firmly confined to the foreign sections of newspapers , and the industry is readying itself for another year of growth.

 

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