Rolls-Royce no longer burning through cash after making deep cuts

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Rolls-Royce no longer burning through cash after making deep cuts
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Investors less upbeat than jet engine maker about threat of Omicron variant, with shares down 3%

Rolls-Royce is no longer burning cash after making deep cost cuts in response to the coronavirus pandemic, the jet engine maker has said as it appeared to shrug off the fresh uncertainty facing the aviation industry as a result of the Omicron variant.

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