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Rolls-Royce criticises Airbus' potential A320 re-engine plan; Honeywell upgraded

Analysis

Rolls-Royce, a key supplier of A320-family engines, has criticised Airbus' potential re-engine plan for the A320, with the company's VP Strategic Marketing, Robert Nutall, stating: "If you look at the benefits of re-engining and all the costs, there's no net benefit. We can't make the business case work."

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