Jet-engine makers face a long recovery from the pandemic
The covid-19 travel freeze has clobbered Rolls-Royce, Pratt & Whitney and GE Aviation
THE ABSENCE of vapour trails in a clear sky is an obvious sign that commercial aviation has been hit hard by covid-19. The upshot for the makers of the jet engines that create those ephemeral streaks—fewer planes sold, fewer flying hours and older aircraft retiring early as fleets are pruned—is a triple blow for an industry that mostly profits by keeping them in the air for years after they are sold.
This article appeared in the Business section of the print edition under the headline “Losing thrust”
Business March 13th 2021
- Rupert Murdoch prepares to hand over his media empire
- The secret to cutting corporate red tape
- Will Roblox’s thriving virtual economy make it the next meme stock?
- Jet-engine makers face a long recovery from the pandemic
- The new economics of blockbusters
- Regulators want firms to own up to climate risks
- A reluctant Japan Inc at last enters the digital age
- Should Jack Dorsey combine Twitter and Square?
From the March 13th 2021 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
Corporate America’s diversity wars are just getting started
Donald Trump’s attacks on DEI are causing huge headaches for bosses
What Elon Musk should learn from Larry Ellison
The founder of Oracle has demonstrated remarkable staying power
Football clubs are making more money than ever. Players not so much
For both teams and their top stars, it helps to have a brand
The allure of the company town
Lego, Corning and the survival of an old idea
From cribs to carriers, high-end baby products are in vogue
Demographic and technological changes are making infancy more expensive
No one gains from American tariffs on cars from Mexico and Canada
Donald Trump’s levy will hit his country’s carmakers hardest