Deepening Trent 1000 woes will hit profit at Rolls-Royce
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LONDON (Reuters) - British aerospace engineer Rolls-Royce said its full-year operating profit and free-cash flow would come in at the lower end of guidance as the cost of tackling problems with its Trent 1000 engine rise ever higher.It said it expected to take an exceptional charge of about 1.4 billion pounds ($1.80 billion) in 2019 on Trent 1000 due to customer disruption and future contract losses. Chief Executive Warren East said his top priority was improving customer confidence in the..