Rolls-Royce CEO Says It Will Be `Several Years’ Before Demand Recovers

May.20 — Rolls-Royce Holdings Plc Chief Executive Officer Warren East’s five-year bid to revive earnings has been shattered by the coronavirus as the U.K. jet-engine-maker moves to scrap 9,000 jobs and considers closing sites. “Consensus in the industry is that it’s going to take several years for demand to return to the sorts of levels that we saw in 2019,” East said in an interview on “Bloomberg Surveillance.”


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