Thursday, July 20, 2006

Rolls-Royce sees $600bn engine market

Farnborough, UK: Rolls-Royce has announced that it expects a continuing, strong growth throughout Asia Pacific to underpin global demand for 51,000 new commercial aircraft, ranging from business jets to high-capacity airliners, over the next 20 years.
The updated civil market forecast was made on the opening day of the UK's Farnborough International Airshow.
Rolls-Royce said the 114,000 jet engines required to power the global fleet's growth would have a potential value of $600 billion.
India continues to be recognised as a major, emerging force in commercial aviation. India is included within the Asia Pacific forecast total, but is expected to provide a potential market in its own right for at least 1,600 engines in the next two decades.
19/07/06 Trade Arabia, Bahrain
To Read the News in full at Source, Click the Headline


Post a Comment