As you may have heard Frank Pray has left Intrepid Aviation to pursue other ventures effective immediately, Olaf Sachau (CFO) has taken the reigns as CEO. On Tuesday Blackrock increased its holding in Rolls Royce to ensure that it had a voting block as more and more big gun institutions circle the manufacturer looking to do a deal – Any deal would be huge and would be a real bargain on forward earnings – Will Rolls Royce Aero Engines continue to be an English company? Watch this space. The leasing sector meanwhile continues, on the face of it, to absorb

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