The 787 aircraft is Rolls-Royce's ""greatest opportunity"" to boost profitability and cash flow, according to a Bloomberg Intelligence report.
Analysts George Ferguson and Melissa Balzano said that with no new narrow or widebody planes incoming soon, the company's commercial engine arm should set its sights on bolstering its 787 market penetration.
""The Boeing 787 is among the most popular widebodies and one of the few with an engine choice: It can be powered by Rolls-Royce's Trent 1000 or General Electric's GEnx,"" the analysts said.
They added that customers have opted for the GE version after blade issues on some variants of the Rolls-Royce Trent 1000 engine. With build rates set to rise faster for the 787 and the A350 widebody versus other widebodies, the market could represent a key driver for Rolls-Royce's profitability.
The analysts said: "" General Electric's strong start, due to blade problems on Rolls-Royce's Trent 1000 engine for the Boeing 787, will be hard to surmount."" Rolls-Royce is currently testing an upgraded engine, which it hopes to double time on-wing.