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Businessmen - CEO's - Executives

Feb. 02, 1971 - Rolls Royce Call in Receiver. Rolls Royce, one of Britain's most famous industrial names, has asked for a Receiver to be appointed. The company has run into a serious cash crisis due to widely escalating costs. This means that the company is effectively broke. A statement by the Rolls Royce board said: The program of the R.B. 211 engine for the Lockheed Trijet 80 aircraft due in service in November of this year has met with even greater problems than were foreseen in November last. Photo shows Hon. Stewart Rolls (left) and Sir Henry Royce (right) - founders of the famous firm of Rolls Royce

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13275709
Media ID
47045255
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5542px x 4378px (1.4MB)
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(c) Keystone Pictures USA/ZUMAPRESS.com/Mary Evans
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Editorial Use Only - No Property or Model Releases. For any non-editorial use, please contact Mary Evans direct
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Keystone Pictures USA

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Appointed Asked Broke Costs Effectively Escalating Firm Foreseen Founders Means Names Problems Receiver Statement Trijet Widely


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