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Stefan Breunig

Stefan Breunig

Co-Founder & Managing Director of ALBATROSS; strategy executive specializing in Advanced Air Mobility and aviation electrification

Jul 13, 2026

15:03
Yeah.
15:04
Yeah.
15:05
Yeah, that happened.
15:06
So, uh, little bit of a, a déjà vu, um, [laughs] coming from Siemens.
15:13
So the, the broader context is that after COVID, and with the Trent 1000 issues, Rolls-Royce was in a financially unsustainable situation, I would say.
15:24
And the new CEO, Tufan Erginbilgiç, who joined, um, 2023, um, he started a complete strategy assessment of the group where I was also part of, which I was part of.
15:38
And, um, then as a result of this strategic review, also transformation of the group, and, um, November 2023, it was announced that what are the core markets? The core markets will be larger gas turbines, it will be business aviation, um, defense, power systems for, like governmental and stationary.

16 MINS LATER

32:10
[laughs]

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