Rolls-Royce warns of slow recovery

In almost every discussion during our online events or interviews with aviation executives the question of when the recovery will begin and its likely shape is raised. In the summer, most responses revolved around comments about not having crystal balls, but of late opinions have started to solidify as vaccination programmes come online, more data points are gathered and optimism levels rise – the latter despite the news around the world of further lockdowns as cases spike locally. In a trading update, Rolls-Royce has warned that the recovery will be slow – the engine manufacturer does not expect commercial air