Rolls-Royce is confident it will have a competitive offering available when new narrowbody aircraft programmes are launched in the future, despite its absence from the Airbus A320neo programme.
"We have been unable to construct an acceptable business case for re-engining and have elected not to participate in the A320neo," says a Rolls-Royce spokesman.
"We continue to have the technological and financial resources to support this and other sectors and we are confident that we will have the competitive product and service offerings available when our customers launch new aircraft programmes in the future."
The manufacturer declines to comment on the future of the International Aero Engines (IAE) consortium, which comprises Rolls-Royce, Pratt & Whitney, MTU and Japanese Aero Engine Corporation.
P&W broke away from IAE to offer its geared turbofan engine to Airbus after failing to reach consensus on a new product offering with its IAE partners.