One week after one of its jet engines exploded in mid-air, Rolls-Royce said it will miss its profit target for 2010.
Rolls-Royce said that growth in underlying profit will be “slightly lower” than the expected 4% to 5%, Bloomberg News reported.
The engine exploded on an Airbus A380 belonging to Qantas Airways (QUBSF). The plane was flying from Singapore to Sydney, Australia and had to make an…
Continue reading Rolls-Royce to Miss 2010 Profit Target After Qantas Incident
Rolls-Royce to Miss 2010 Profit Target After Qantas Incident originally appeared on DailyFinance on Fri, 12 Nov 2010 06:31:00.
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