Rolls-Royce Exec Says Price Increases Reflect Supply Chain Disruption And Broader Political Challenges

Feb 3 (Reuters) - Rolls-Royce RR.L:

• EXEC SAYS DEMAND FOR WIDE-BODY JETS REMAINS STRONG

• EXEC SAYS DURABILITY IMPROVEMENTS IN XWB-97 ENGINE FOR AIRBUS A350-1000 ARE ON TRACK

• EXEC, ASKED IF INTERESTED IN SUPPORTING POTENTIAL A350-2000, SAYS WOULD ALWAYS WANT TO REMAIN CLOSELY ALIGNED WITH AIRBUS

• EXEC SAYS PLEASED WITH PERFORMANCE OF ENHANCED VERSION OF TRENT 1000 ENGINE FOR BOEING 787

• EXEC SAYS RETURN TO NARROWBODY MARKET DEPENDS ON FINDING RIGHT BUSINESS MODEL AND PROBABLY A PARTNER

• EXEC SAYS PRICE INCREASES REFLECT SUPPLY CHAIN DISRUPTION AND BROADER POLITICAL CHALLENGES

• EXEC SAYS WE NEED TO FIND RIGHT BALANCE BETWEEN RISK AND REWARD IN ENGINE PRICING, HIGHER RETURNS ARE INVESTED BACK IN THE BUSINESS

Further company coverage: RR.L