Rolls-Royce reports an 18% rise in flying hours amid supply chain challenges but sees profit optimism.

Rolls-Royce faces challenges in its supply chain but remains optimistic about sales, reporting an 18% increase in flying hours in its civil aerospace division for the first ten months of the year. The company expects operating profits between £2.1 billion and £2.3 billion and is confident in meeting its 2024 goals. Despite these challenges, strong demand in civil aerospace and defense sectors supports its financial outlook, although shares fell by 3.8% in early trading.

November 07, 2024
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