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Rolls Royce chairman predicts: Chinese-made jet engines coming soon

  • Rolls Royce expects China to begin engine manufacturing for jumbo jets, company Chairman Ian Davis said at the Singapore Summit
  • "It makes sense for industrialized countries to start doing so," he said

The world's second-largest economy will likely start manufacturing engines for jumbo jets soon, according to Rolls-Royce, a long-time engine manufacturer for commercial and defense aerospace.

"In the long-run, it's very possible and plausible that China and other countries will be looking to develop wide-body engines," said Rolls Royce Chairman Ian Davis at the Singapore Summit over the weekend. "It makes sense for industrialized countries to start doing so and we assume at some stage of the future that they will come in."

The Shanghai-based Commercial Aircraft Corporation of China, or COMAC, has already begun the development of a narrow-body engine.

The first C919 passenger jet made by the Commercial Aircraft Corporation of China (Comac) is pulled out next to a Chinese national flag during a news conference at the company's factory in Shanghai, Nov. 2, 2015.
China Daily | Reuters
The first C919 passenger jet made by the Commercial Aircraft Corporation of China (Comac) is pulled out next to a Chinese national flag during a news conference at the company's factory in Shanghai, Nov. 2, 2015.

"It's a big growth market and I think the key, as always, is to make sure you've got competitive products that really offer something to customers," said Davis.

In addition to aerospace, Rolls Royce's other business segments include industrial products for the marine, nuclear and power sectors.

Davis said he continued to expect strong growth from the Middle East.

That market "is driven by aggressive strategies to attract traffic and ambitions to build a real hub in the region, not oil prices," he explained.