The firm had hoped to supply its next generation UltraFan engine.
U.K. firm Rolls-Royce has pulled out of the race to provide engines for Boeing's new commercial aircraft.
Rolls-Royce had put forward UltraFan engine to power Boeing's new plane but in statement Thursday, the engine maker withdrew its tender stating it was"unable to commit to the proposed timetable." Boeing is now expected to choose between offerings from United Technologies unit Pratt & Whitney and CFM International, a General Electric joint venture with France's Safran.
It said the decision would help to"de-risk" development of its next generation UltraFan engine which is promised to deliver airlines efficiency improvements of up to 25 percent.
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