The business jet market still faces a delivery trough this year and next, but engine-builder Rolls-Royce foresees a slow upturn in 2005 that should continue at least until 2012.
For military operators of Rolls-Royce-powered aircraft, technical assistance is only an e-mail or phone call away–24 hours a day, seven days a week. At the headquarters of Rolls-Royce Defence Aerospace in Bristol, UK, up to 15 engineers staff a defense operations center that has access to a vast range of data and toolsets on the OEM’s military engines.
You can buy the flagship Lexus LS460–a fine blend of engineering, craftsmanship and performance–for about $80,000. How can a Rolls-Royce Phantom possibly be good enough to justify costing more than four times as much? That’s one question I pondered as a Rolls representative handed me the key to a $353,000 Phantom.
After celebrating a bumper year in 2005, Rolls-Royce is pushing ahead with a huge program of reorganization to capitalize on its increasingly strong global position and secure its long-term stability.
Continued vigorous growth in business jet deliveries, particularly among midsize and large jets, will generate $70 billion worth of revenue for the engine industry over the next 20 years, according to a new market forecast released by Rolls-Royce here at the show.
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