Rolls‑Royce Holdings (LSE:RR) is banking on its UltraFan 30 narrow‑body engine to power successors to the A320 and 737 MAX, a program touted to boost revenue and UK jobs amid uncertain government funding, while Morgan Stanley warns reopening of the Strait of Hormuz could further lift demand for its marine and engine services.
Previous Week Recap
- Rolls-Royce UltraFan 30 Nabows (sic) Development: Rolls-Royce is developing the UltraFan 30 narrow‑body engine for successors to the A320 and 737 MAX. Program expected to drive revenue and UK jobs; government funding talks are uncertain.
- RR Benefiting From Strait Of Hormuz Reopening: Morgan Stanley says Rolls‑Royce Holdings (RR) could benefit if shipping via the Strait of Hormuz reopens, linking trade‑route recovery to demand for its marine and engine services.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.