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Tag: Royce

Rolls Royce ‘to cut 8,000 jobs’ as coronavirus lockdown hits air travel

Rolls Royce ‘to cut 8,000 jobs’ as coronavirus lockdown hits air travel

Business
Rolls Royce is reportedly planning to cut up to 8,000 jobs after aircraft manufacturers slashed production during the coronavirus pandemic.The British civil engineering giant - which makes engines for planes - currently employs 52,000 people. As many as 15% could lose their jobs, the Financial Times reports, quoting company sources.That would exceed the 5,000 redundancies the firm made after the 9/11 terror attack in 2001. :: Listen to the Daily podcast on Apple Podcasts, Google Podcasts, Spotify, Spreaker Advertisement ...
Rolls Royce develops propulsion system for flying taxi

Rolls Royce develops propulsion system for flying taxi

Technology
Engine maker Rolls-Royce has designed a propulsion system for a flying taxi which it says could take to the skies as soon as early next decade.The British firm said it had drawn up plans for an "electric vertical take-off and landing" (EVTOL) vehicle, which could carry four to five people.The vehicle could travel at speeds of up to 250 mph (402 km/h) for approximately 500 miles, it said. Rolls joins a variety of other firms in seeking to develop flying vehicles.Speaking ahead of this week's Farnborough Airshow, Rob Watson, head of the company's electrical team, said: "We are well placed to play a leading role in the emerging world of personal air mobility and will also look to work in collaboration with a range of partners."Flyin...