Press statements are always just one way -the best-way of putting things but this did read a bit odd. They sell their share to their greatest rival--the other partners stay in--and then they enter a fresh partnership with their greatest rivals to develop new engines in the same segment.
Doh !! I am obviously missing summat. I know it gives them a small peek at P&W's Airbus neo engine which Royces decided to leave alone.
Smart move that with the damn planes flying off the shelf.
Or am I barking mad--again.
Should I worry about RR's long term future and my shares?
I do hope more comments are headed for this thread.
Last edited by Flapping_Madly; 13th October 2011 at 20:32.
Reason: Speling error.