Rolls-Royce has sealed a major deal. The company sold its UK pension fund to Pension Insurance Corporation for £4.3bn. This move covers 36,000 members and marks the largest pension transfer in the UK this year. We see this as a smart step for Rolls-Royce. It frees up resources and boosts confidence in the stock market….
Rolls-Royce has soared past expectations as its profit surged by 50%, driven by the sharp recovery in global air travel and an unprecedented spike in demand for jet engines. The British engineering giant, long revered for powering aircraft around the world, is now reaping the benefits of a revived aviation sector and strong operational efficiencies…
Rolls-Royce is turning heads with its big push into the narrowbody plane market. On June 17, CEO Tufan Erginbilgic shared plans to join this busy aviation segment, likely through a partnership. This move could lead to a new plane by 2035, using their UltraFan tech, with a big £3 billion ($4.1 billion) investment behind it….