Rolls-Royce projects that 114,000 jet engines will be required to meet global demand for 51,000 commercial aircraft ranging from business jets to long-haul passenger planes over the next 20 years. That adds up to a worldwide market for jet engines through 2026 potentially valued at $600 billion, the engine-maker said in its long-term forecast released this week. Underpinning the demand will be 6.6% annual growth in Asia/Pacific air traffic over the 20-year period, Rolls said. Growth in ...

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