Rolls-Royce Chief Reveals Repair-Costs Rethink Amid Airline Ire

  • East revamps overhaul deals that deliver bulk of earnings
  • Inflexible approach has hurt value of Trent-powered jets

In between Friday’s headlines on reduced dividends and job cuts, and a share price that soared the most in 12 years, Rolls-Royce Holdings PlcChief Executive Officer Warren East outlined nothing short of a revolution at the U.K. aircraft engine maker.

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