Rolls-Royce predicted continued growth in business jet deliveries through the remainder of the decade and forecast an engine market worth $110 billion over the next 20 years, with medium and large business jets dominating in terms of aircraft and engine value. Rolls-Royce forecasts that 79,000 engines, valued at $110 billion, are needed over the next 20 years to meet a demand for 39,000 new business jet aircraft, from very light jets to business jetliners. Demand is being augmented by an increase in deliveries to non-USA markets coupled with the introduction of new models, which will add a further stimulus to the market.
Demand is being fuelled by the business community