Rolls-Royce withdraws from mid-market race, hikes Trent charges

Rolls-Royce said it had withdrawn from a competition to power Boeing's planned mid-market aircraft because it could not meet the timetable, as costs related to its Trent 1000 engine resulted in a full-year operating loss of 1.16 billion pounds.

from Reuters: Money News https://ift.tt/2GMaMYs