Rolls-Royce will suspend its dividend for the first time since privatisation in 1987, as Covid 19 grounds most widebody planes globally, according to a media outlet. The group is also aiming to announce new credit facilities in excess of £1bn to bolster liquidity that at the end of 2019 was close to £7bn. An announcement could come as early as Monday, said the media outlet. Rolls-Royce, which builds engines for widebody aircraft including the Airbus A350 and A330, and Boeing’s 787 Dreamliner, has been impacted by global measures to contain the spread of Covid 19. The company’s civil aerospace division,

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