NEWTOWN, Conn. -- The Rolls-Royce BR700 series of turbofan engines powers large-cabin and long-range business aircraft. Applications currently include the Bombardier Global 5000/6000 family, the Gulfstream G550, the Gulfstream G650 and its stretched sibling, the G700.
The long-range business jet market is likely to undergo a decline in demand in 2020-2021 due to the impact of the COVID-19 virus on the global economy. We do not expect to see the same crash in demand as we have seen in the airliner market, but lower corporate profits and the ongoing turmoil in the energy markets is bound to make in impact on the segment.
Rolls-Royce made a smart move in upgrading the BR700 family to create the new Peal engine. It features 7 percent better specific fuel consumption, a 2-decibel reduction in noise, and increased thrust. It also offers an engine monitoring health system that can transmit 9,000 parameters of data to Rolls-Royce's CustomerCare headquarters.
Besides powering the rejuvenated Global 5500 and 6500 jet, the Pearl engine has also been selected to power the new G700. The Pearl 700 variant features thrust of 18,250 lbs, a very powerful engine for a business jet. New applications, possibly from the military sector, may follow soon.