Rolls-Royce Sees Rising Demand for Large Aircraft

According to a report, the British engine-maker expects a full recovery of the widebody airliner market by 2024.

Thom Patterson

Friday, July 08, 2022 at 04:42 PM ET

Verified

Rolls-Royce is the sole powerplant provider for the Airbus A350 widebody airliner. [Shutterstock]

Key Takeaways:

Rolls-Royce executives report strong signals of rising demand for large, long-haul (widebody) airliners, indicating a significant post-pandemic resurgence in the aviation industry.
The company anticipates a full recovery of the widebody market by 2024, with airlines seeking deliveries from 2025 onwards, driven by current limited seating capacity.
This increased demand is particularly beneficial for Rolls-Royce, as its Trent XWB engine exclusively powers the Airbus A350, which may also gain an advantage from delays in Boeing's 777X program.
The upcoming Farnborough International Air Show is expected to be a crucial event for confirming this recovery with potential large new aircraft orders.

See a mistake? Contact us.

Rolls-Royce executives say they’re seeing strong signals that demand may be rising for large, long-haul airliners, according to the Financial Times, a potential sign of an industry resurgence in the wake of the pandemic.

During a recent media tour of Rolls-Royce’s engine manufacturing plant in Derby, England, Chris Cholerton, president of Rolls-Royce’s civil aerospace division, told the FT that signals show “a lot more interest around potential widebody [sales] campaigns starting again now.”