Rolls-Royce Share Soars 23%: The Truth about the Aviation Industry
@MillionaireTiger:
Rolls-Royce shares soar 23% after annual results beat expectations. Once the headline came out, people who can afford or cannot afford Rolls-Royce were shocked. In fact, Rolls-Royce's main business is aero-engines, now Rolls-Royce's car trademark already belongs to $Bayerische Motoren Werke AG(BMWYY)$. The jewel in the crown of the industry: the engine that saved BritainIn 1906, two engineers set up a company in Manchester, England, with the aim of building automobiles.Later, in response to national demand, the company became involved in the aero-engine business, producing the Eagle engine that was used extensively in World War I Allied aircraft.By the end of the 1920s, aero engines had become the company's main business, and Hurricane and S