Engines
Rolls predicts slow bizav upturn
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 continu

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.

Rolls-Royce predicts a decrease in deliveries in 2003 and 2004–relative to 2002–as a result of slow economic growth and continued market uncertainty. A company study found that deliveries this year will likely total 500 units, down 25 percent from last year and 35 percent from 2001. Next year is likely to be about the same.