Rolls-Royce reports £4bn loss as Covid crisis shakes jet-engine maker

Air travel restrictions forced firm to burn through 4.2bn in cash to keep afloat as revenues collapsed

Rolls-Royce has reported a loss of 4bn for 2020 as the jet-engine manufacturer's business was shaken by the coronavirus pandemic.

The FTSE 100 manufacturer revealed it burned through 4.2bn in cash during the year as revenues from servicing passenger aircraft collapsed. It expects to burn through a further 2bn this year.