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Company blames tough economic environment as new boss puts his stamp on engineering group
Company says Tufan Erginbilgic pay package will be based ‘solely on in-year targets’
A tidier balance sheet could be put to work to crack the issue of decarbonising air travel
New boss vows to improve performance as aviation revival boosts profits
Nicola Grady-Smith will spearhead transformation programme to lift profit margins and compete with larger rivals
Tufan Erginbilgic delivers bleak assessment to employees on future of UK engineering group
Erginbilgic expected to deliver ‘hard-headed analysis’ of British aero-engineer as investors demand better performance
Successful ground trial is a ‘milestone’ in the years-long process to decarbonise flying
Company warns of UK electricity generation crisis if baseload capacity problems are not resolved
Chief says FTSE 100 group can weather rising prices and aviation industry’s sluggish recovery
Chief executive insists recovery is on track despite tumbling share price
BP veteran takes on one of the trickiest jobs in British industry during challenging times, but with recovery on the horizon
Former BP executive will take over at engineering group at start of next year
New chief should benefit from group’s past investments and aviation industry’s recovery
UK aerospace group to launch ground trials after research shows potential for hydrogen-powered aircraft
British aero-engine maker joins Airbus in raising hopes of aviation sector revival
UK chancellor Rishi Sunak’s constituency in North Yorkshire among 6 contenders
Representatives in talks after deal that included 4 per cent wage rise dismissed as falling ‘a long way short’
UK aero-engine group combines one-off payment with 4% pay rise offer as a ‘simple wage increase is just not affordable’
UK engineering group closes in on successor to chief executive Warren East
UK regulator says Big Four firm’s 2010 audit of engine maker suffered from serious failings
Outgoing chief Warren East says gradual improvement in flying hours has helped trading
Fans of small modular reactors say they are cheap and quick to build, but they also come with challenges
Big shareholders say Warren East’s successor should resist opting for radical change in strategy
Cutting build time is crucial and SMRs can at least offer economies of volume, if not scale
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