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Rolls-Royce defends pricing after airlines bash engine industry

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A senior Rolls-Royce executive on Tuesday defended recent price rises and improvements in performance after airlines accused engine makers of profiting from supply chain problems
The Head of the International Air Transport Association, Willie Walsh, said on Monday that engine makers had raised prices across the board for repairs despite shortfalls in durability and long queues for maintenance on the latest jet engines.
Rob Watson, president of Rolls-Royce’s civil aerospace division, said engine pricing reflected supply chain disruptions and the fallout from geopolitical instability.
“I think that our pricing reflects supply chain disruption coming out of COVID,” Watson said in an interview on the sidelines of the Singapore Airshow.
“For us, pricing has to some extent been a function of cost. We’re reflecting raised costs, which are driven by all those supply chain challenges that everybody talks about,” he added.
Watson said the British engine maker was “on track” with a programme of improvements in the durability of its largest engine for the long-haul Airbus A350-1000. Rolls has said the improvements are already delivering 60% more time on wing between overhauls with further improvements expected from 2028. It plans to test the engine in harsh Middle East conditions in 2027. Dubai’s Emirates, the world’s largest buyer of wide-body jets, has called for progress in lengthening the time between repair shop visits before buying the jet.
–Reuters–