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Rolls-Royce CEO Embarks on ‘Last Chance’ Overhaul at Jet-Engine Maker

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LONDON—The company that pioneered the commercial jet engine and currently powers close to half of the world’s biggest airliners is embarking on its latest attempt

to pull itself out of a decadelong crisis.  

Tufan Erginbilgic, a former oil-industry executive, took over as chief executive of British engine maker Rolls-Royce Holdings in January. The company was reeling from the pandemic after previously suffering through years of huge costs stemming from a problematic engine. 

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