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MARKET UPDATES<br />
ENGINE OVERVIEW<br />
At the end of <strong>2022</strong> there were 875 turbine engines installed on 419 business jets in the <strong>MENA</strong> region. The<br />
number of installed engines rose by 7.2% from the 816 engines at the end of 2021.<br />
Rolls-Royce retained its position as the leading engine OEM in the<br />
region, with 320 total engines giving the manufacturer a <strong>MENA</strong> market<br />
share of 37%. Pratt & Whitney came in second with 177 engines and<br />
a 20% <strong>MENA</strong> market share, while General Electric had 132 installed<br />
engines and a 15% <strong>MENA</strong> market share. The combination of the top<br />
two engine OEMs – Rolls-Royce and Pratt & Whitney accounted for 57%<br />
of all installed engines in the <strong>MENA</strong> business jet fleet. The increase in<br />
demand for Rolls-Royce engines was driven by regional growth in Long<br />
Range aircraft built by Gulfstream and Bombardier, which are powered<br />
by the BR700 engine series. This engine range was installed on<br />
Bombardier’s Global Express series and Gulfstream’s G550 and G650/<br />
ER Long Range business jets. Rolls-Royce production engines were<br />
installed on 69% of Long Range and Large jets in the <strong>MENA</strong> region, with<br />
192 and 118 units, respectively.<br />
The most popular engine series was the Rolls-Royce BR700, followed<br />
by the CFM International CFM56, which powers Corporate Airliners<br />
including the BBJ1, Airbus A340, and Airbus ACJ319. CFM had 122<br />
engines installed on business jets in the region, which was an increase<br />
of 14 engines. Pratt & Whitney’s most popular engines for business jets<br />
were the PW300 and PW600 series, with the OEM having the second<br />
highest number of installed engines with 177 at the end of <strong>2022</strong>.<br />
Honeywell 114 (13%)<br />
CFM 122 (14%)<br />
GE 132 (15%)<br />
875<br />
CFE 6 (1%)<br />
Williams 4 (