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Old 6th Apr 2020, 14:29
  #555 (permalink)  
inOban
 
Join Date: Aug 2016
Location: Oban, Scotland
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RR have cancelled their dividend and withdrawn their financial forecast because much of their income is per hour in use, which has obviously collapsed. On the other hand, issues with the Trent 1000 seem to be easing.

I've been wondering. Various airlines must have been looking for compensation for the unavailability of Trent-powered a/c. Since the planes now wouldn't be flying anyway, presumably their claim is reduced?

BTW won't the same apply, even more, to the MAX? Can't claim for the grounding of planes now grounded by COVID 19
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