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Germany expects wave of new Eurotank partners after September conference

Rolls Royce (RR Stock) maintains full year guidance

Rolls Royce share price has made very little progress since announcing that staggering £4bn full year loss just over three months ago. At the time the

Rolls Royce ready for international air travel rebound | 13 May 2021

13 May 2021 | 07:17am StockMarketWire.com - Rolls-Royce is confident it can deliver permanent cost reductions after its restructure last year, positioning the business well for the rebound in international air travel. Ahead of its AGM today, the company said it is expecting its Spirit of Innovation all-electric aircraft will take to the air within weeks . In the first four months of 2021 large engine flying hours were around 40% of 2019 levels supported by demand for cargo flights and the maintenance of key routes. This is broadly unchanged from the run rate at the end of 2020 and consistent with planning assumptions. The company said that while the timing of the recovery remains uncertain, the progress of Covid-19 vaccination programmes in a significant number of countries, particularly the US and UK, is encouraging. Combined with increased testing, vaccination programmes are key enablers of further recovery in international air travel.

Lockheed Wins $51M to Support French C-130 Planes

Lockheed Wins $51M to Support French C-130 Planes Our Bureau 402 French Air Force C-130J Super Hercules aircraft Lockheed Martin has won a contract valued $51 million to support French Air Force C-130 transport aircraft. This contract provides for the program management, field service representatives, travel and per diem, data, replenishment of spares and other sustainment tasks, a U.S. DoD release today said. Work will be performed in Bae Aerienne, France; and Marietta, Georgia, and is expected to be completed Jan. 1, 2023. Also Read May 4, 2021 @ 01:37 PM French Maritime intelligence-gathering start-up, ‘Unseenlabs, has raised a capital of 20 million euros to support the development of its geo-location services.

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