Business Aviation Market Intelligence

Engine Overview – Business Jet Fleet Report YE 2021

Engine Overview – Business Jet Fleet Report YE 2021

As of 2021, there was a total of 2,486 turbine engines installed on 1,215 business jets in the Asia-Pacific region. The number of installed engines dropped by 1.2% in 2021, falling from 2,516 at the end of 2020.

Despite a decline of 66 engines during the year, Rolls-Royce retained its position as the top engine OEM in the region, with its 858 total engines giving the manufacturer a market share of 34%.

Pratt & Whitney came second with 638 engines and a 26% market share, whilst Honeywell made up 14% of the market thanks to 341 installed engines. When combined, Rolls-Royce and Pratt & Whitney accounted for 60% of all installed engines in the Asia Pacific business jet fleet.

Williams saw the biggest growth in 2021, with its total installed engines jumping from 176 at the end of 2020 to 201 at the end of 2021. The increase was mainly due to growth in the Citation series, which use the FJ44 engine family.

Almost 99% of Rolls-Royce’s were installed on Long Range and Large jets, with 648 and 200, respectively. Rolls-Royce’s BR700 family retained its position as the most popular engine family, and was installed on many popular Long Range business jets including Bombardier’s Global Express series and Gulfstream’s G550 and G650/ER.

Over 60% of Pratt & Whitney engines were used on Light and Long Range jets, with 256 and 130 engines installed, respectively. The PW300 is Pratt & Whitney’s most favored engine family, and is widely installed on Long Range, Medium and Large cabin aircraft including the Falcon 7X/8X, G200 and Falcon 2000.