ROLLS-ROYCE has agreed to supply aircraft engines to Chinese carrier Hainan Airlines in a deal which could be worth more than ”265m. The manufacturer will supply 100 engines for use in aircraft built by Embraer from next year, while it already has a contract to supply engines to Hainan for use in seven Airbus A330 ordered in July. Its engines are currently used by ten Chinese airlines and further demand is expected as air travel increases across that huge country. The Asian aviation market is set to underpin Rolls-Royce's overall growth over the next 20 years, with global demand for 6,500 engines forecast by 2026.
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