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Market Outlook



IAE V2500 engines power the Airbus A319, A320 and A321
Corporate aircraft

The power behind pioneering aircraft:

  • World’s number one engine maker for business jets
  • 34% market share in 2006 (by value)
  • Rolls-Royce and partners powered 160 business jets delivered in 2006
  • 2,100 operators, 3,000 business jets rely on engines built by Rolls-Royce and partners
  • A range of thrusts from 1,900lb – 33,000lb


    Rolls-Royce has been a key player in the business jet market since the late 1950s. During the 1990s the industry’s deliveries tripled and Rolls-Royce secured its position as the world‘s number one engine manufacturer in the sector – designing and building a new generation of efficient and reliable engines for pioneering aircraft.

    In 2006 Rolls-Royce maintained a leading 34 percent market share of business jet engine deliveries, based on the value of its share of that year's estimated $2 billion corporate aircraft engine market. Rolls-Royce and partner engines powered more than 160 corporate aircraft delivered in 2006. In 2006, Rolls-Royce delivered 328 AE 3007, Tay and BR710 engines to customers for business aircraft.

    Rolls-Royce earned its leading position through its own product development and through acquisitions, and engines developed with industry partners Williams-Rolls of Walled Lake, MI, and International Aero Engines (IAE) of Hartford, CT. In-production engines include the company’s own AE 3007, BR710 and Tay, the Williams-Rolls FJ44, and the IAE V2500.

    Rolls-Royce business jet engines have powered six new business jets into service in the last four years, including three in 2005 alone. The Gulfstream G550 (2003), G500 (2004), G450 (2005), G350 (2005), Bombardier Global 5000 (2005) and Bombardier Global Express XRS (2005).

    The number of business jet applications powered by Rolls-Royce, including joint-venture engines, has increased from one to 15 in just over a decade. This includes aircraft built by Airbus, Bombardier, Cessna, Embraer, Gulfstream, Raytheon and Sino Swearingen. The company and its partners continue to have the distinction of powering the world’s fastest and longest range business aircraft as well as being the powerplant leader for the high value medium to long range business jets.

    In June 2007, Dassault Aviation announced it has chosen Rolls-Royce to power its new Falcon super midsize business jet. This will be the first partnership between Rolls-Royce and Dassault in the business jet market.

    Rolls-Royce forecasts that 51,000 engines, valued at $70 billion, will be needed over the next 20 yeasr to meet demand for 24,000 new corporate jet aircraft from very light jets through business jetliners.

    Gulfstream:
    Rolls-Royce involvement in the business aircraft sector began with Gulfstream in 1958 when the Dart-powered Gulfstream I entered service. Since then, Rolls-Royce has delivered more than 3000 Dart, Spey, Tay and BR710 engines for Gulfstream aircraft. Today’s engines include the 14,000lb – 15,385lb thrust BR710 turbofan for the Gulfstream V, G500 and G550, and the 13,850lb thrust Tay engine for the Gulfstream IV, IV-SP, G300 and G400 and the G350 and G450, both of which entered into service in 2005. Along with these business applications, Rolls-Royce powers a number of special mission aircraft from Gulfstream, including those for the National Oceanic and Atmospheric Administration to track hurricanes, the Japanese Coast Guard and other government agencies.

    Bombardier:
    The first Bombardier business jet to use Rolls-Royce engines was the Global Express. Powered by BR710 turbofans, this aircraft entered service in 1999 and launched Bombardier’s entry into the ultra long-range segment of the market. In 2001 Bombardier announced selection of the BR710 for the new Global 5000 long-range business jet, which entered service in April 2005. In August of 2005, Bombardier celebrated delivery of its 150th Global Aircraft. Rolls-Royce delivered its 500th engine delivery to Bombardier in March 2007 and powers the entire Global fleet (Global 5000, Global Express and Global Express XRS)

    Cessna:
    Rolls-Royce AE 3007C1 turbofans power the world’s fastest business jet, the Cessna Citation X. These uprated 6,764lb-thrust engines entered service in 2002 and provide five percent more takeoff thrust than the original C model, which entered service in 1996. In the 10 year history of the program, Rolls-Royce has delivered more than 500 engines to Cessna to power more than 260 Citation X aircraft in service.

    Embraer:
    The Embraer Legacy 600, a corporate version of the ERJ 135 regional jet, is powered by the AE 3007A engine, which provides 7200lb – 8,110lb pounds of thrust. Since entering service in 2001, the AE 3007 engine has achieved more than 250,000 flying hours and Embraer delivered its 100th Legacy aircraft in March 2007.

    Engines built with industry partners include the William-Rolls FJ44 and the IAE V2500. The 1,900lb – 2,300lb thrust FJ44 powers the Cessna CJ1 and CJ2, Beechcraft Premier I and Sino Swearingen SJ30-2. The IAE V2500, which offers 22,000lb – 33,000lb of thrust, powers the Airbus A319 Corporate Jetliner.

    Rolls-Royce offers long-term CorporateCare® maintenance agreements for its BR710, Tay and AE 3007 engines. The company also provides traditional field service, repair and overhaul for these engines, the V2500 and the company's Dart and Spey business jet engines.

    With CorporateCare®, Rolls-Royce manages all engine maintenance, repair and overhaul activity and provides engine data collection and analysis. Operators pay a monthly fee based on the actual number of hours the engine is flown.

    CorporateCare® is available for new and in-service engines and provides operators with significant financial benefits, including predictable maintenance costs, reduced capital investment and, most importantly, improved residual value of the aircraft. More than 75 percent of the AE 3007 corporate jet fleet is supported by CorporateCare®, and the company is responding to continued high customer interest in CorporateCare® for the BR710 and Tay engines. Rolls-Royce has achieved a market share of more than 50% of the fleet of the company’s in-production corporate engines.


    More than 580 customers are currently covered under CorporateCare® or another form of support agreement worth more than $1.2 billion.

    The Rolls-Royce Corporate and Regional Aircraft unit is headquartered at Rolls-Royce North America, outside Washington, DC. The company established the unit to capitalize on its leading position in the market, and to maximize its efforts in support of the specific needs and requirements of the manufacturers and operators in this sector.


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