Firm Wants More Shareholder Value, Less Scattered Approach to Aviation
Rolls-Royce's recent strategy release showed a minor pivot in the firm's plans to shore up its cash base over the coming years, even to the point of selling off their electric aviation wing to third parties. "We are creating a high performing, competitive, resilient and growing Rolls-Royce that will have the financial strength to control and shape its own destiny," said Chief Exec Tufan Erginbilgic. "We are clear where we will not invest and re-allocate capital to parts of the business where we can generate more value."
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