Rolls-Royce Sees Decision Within a Year on Airbus A350 Stretch

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Or sign-in if you have an account.An Airbus A350 XWB aircraft at the Farnborough International Airshow on July 20. Photo by Jason Alden /Bloomberg(Bloomberg) — Rolls-Royce Holdings Plc expects Airbus SE within a year to finalize plans for the design of an extended version of its biggest jet, Chief Executive Officer Tufan Erginbilgic told journalists at the Farnborough International Airshow on Tuesday. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountRolls-Royce will need to build a new engine if, as appears likely, Airbus chooses a design requiring a bigger turbine, Erginbilgic said. The development of the new product would take six or seven years, he said. The stretch version of the A350 would help Airbus and Rolls-Royce capitalize on growing demand for larger aircraft and help fill a hole for carriers like Emirates, which operates over a 100 of the discontinued A380 jumbo jets. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe UK engine maker is the sole provider for the Airbus’s widebody A350 jets, but carriers in the Persian Gulf have complained about the turbine’s performance in hot and dusty climates. United Airlines Chief Executive Officer Scott Kirby also criticized the UK engine supplier last month for what he called a lack of support after a dispute between the two companies resulted in the carrier dropping an order for 45 A350s. While Airbus has been considering stretch versions of the regional A220 and A350-1000 aircraft, Airbus CEO Guillaume Faury in April said the European planemaker isn’t close to launching them.Rolls-Royce is in the midst of a three-year transformation under Erginbilgic, who’s cutting costs and revitalizing once-stalled projects. The company has gained from rising demand for widebody airplanes after the Covid-19 pandemic while also getting a lift from renewable energy and the ramp-up in European defense spending.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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