Coronavirus: Rolls-Royce reports record loss as travel slumps
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Engineering giant Rolls-Royce, which makes jet engines, has reported record losses after the coronavirus pandemic caused demand for air travel to slump.
The firm announced a pre-tax loss of £5.4bn for the first half of this year.
Chief executive Warren East told the BBC he did not expect demand to recover to late-2019 levels for five years.
On Wednesday, it…
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