More Rolls-Royce engines are getting onto planes and you've got increased flying. The company has a growing fleet of engines in service, requiring maintenance and repairs as they age.
More Quotes from Peter Caldwell:
Its business is relatively defensive, underpinned by long-term contracts with the Ministry of Defense, and it has the prospects to utilize cash flows from that business in U.S. acquisitions to add to growth.Peter Caldwell
With oil now over 60 a barrel, there is upward pressure on costs. At the same time, they cannot afford to cut back to the extent that service suffers.
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I advocate parcel boundaries because they can accurately be described by surveys.
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Based on Topics: Age Quotes, Flying Quotes, Service QuotesBased on Keywords: rolls-royce
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