February 7 (Reuters) – Britain’s Rolls-Royce announced on Sunday that it is proposing a two-week shutdown of its civic aerospace unit this summer as it controls costs due to the effects of the COVID-pandemic. 19.
The aero-engine maker has begun talks with unions about closing and cutting costs at their civil aerospace unit, it said in an emailed statement.
“As we continue to manage our cost base in response to the continuing impact of the COVID-19 pandemic on the entire commercial aviation sector, we are proposing a two-week operational closure of Civil Aerospace over the Summer, ”He said.
Rolls-Royce’s finances were hit by the COVID-19 crisis as airline customers have set up planes. He warned last month that travel would be even more limited than expected this year, leading to more cash flow. (Reporting by Anirudh Saligrama and Sabahatjahan contractor in Bengaluru; Editing by Alexander Smith)