Rolls Royce has said it is looking to the Middle East along with Asia Pacific to grow its market share in the engine market.
“We have confidence in the continuation of growth in this market which is second only to Asia, specifically China,” a company spokesperson told Aviation Business at the 73rd IATA Annual General Meeting being held in Cancun, Mexico.
Orders to the Middle East 3, Emirates, Qatar Airways and Etihad Airways, total about 10 percent of backlog, according to company figures. The company aims to grow Middle East share of revenue to 17 billion sterling.
“We are looking forward to the introduction of the A350-1000 powered by the new version of the Trent XWB, with Qatar as first customer later this year,” said the spokesperson in a statement.
“We also have three engines heading for entry into service, the Trent 1000 TEN which powers the Boeing 787 Dreamliner, which we expect to grow in usage across the region, the Trent XWB-97 which powers the Airbus A350-1000 and the Trent 7000 which powers the A330neo.”
“We’re also working on the UltraFan for 2025, whilst simultaneously doubling our engine output to more than 600 engines p/a by 2020.We’re targeting more than 50% widebody market share (installed base) by early 2020s,” he added.