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Rolls-Royce reorganisation statement

In response to news in week ending 23 May of job cuts at Rolls-Royce, Andrew Bradley, Chair of the Aerospace Board at the Institution of Mechanical Engineers, commented: ‘This week Rolls-Royce has announced plans to reduce its workforce by 9000, the vast majority of which will be in its Civil Aerospace division. This is a sad reflection of the hit to the Civil Aviation market by Covid-19. Boeing has estimated that for 2020 worldwide Revenue Passenger Kilometres will reduce by 50% from 2019 levels.’