Rolls-Royce celebrates 50th anniversary of Power-by-the-Hour
Tuesday, 30 October 2012
Rolls-Royce, the global power systems company, today celebrated the 50th anniversary of 'Power-by-the-Hour', its pioneering approach to engine maintenance management that forms the basis of the company's market-leading CorporateCare® service.
‘Power-by-the-Hour', a Rolls-Royce trademark, was invented in 1962 to support the Viper engine on the de Havilland/Hawker Siddeley 125 business jet. A complete engine and accessory replacement service was offered on a fixed-cost-per-flying-hour basis. This aligned the interests of the manufacturer and operator, who only paid for engines that performed well.
Rolls-Royce CorporateCare®, launched in 2002, added a range of additional features. These include Engine Health Monitoring, which tracks on-wing performance using onboard sensors; lease engine access to replace an operator's engine during off-wing maintenance, thereby minimising downtime; and a global network of authorised maintenance centres to ensure that world-class support is readily available to customers whenever required.
The service allows operators to remove risk related to unscheduled maintenance events and make maintenance costs planned and predictable.
Steve Friedrich, Rolls-Royce, Vice President – Sales and Marketing, Civil Small & Medium Engines, said: “We are proud to celebrate 50 years of service excellence for Rolls-Royce. The customer focus and pioneering approach of ‘Power-by-the-Hour' remains at the heart of our CorporateCare® programme today. We continuously seek to enhance our level of service, and this year have significantly expanded our authorised service network and introduced new technologies to improve our Aircraft on Ground responsiveness. We look forward to delivering another 50 years of excellence in engine services.”
CorporateCare® offers the most comprehensive corporate aircraft engine maintenance management programme available for new and in-service Rolls-Royce BR725, BR710, Tay and AE 3007 engines.
- Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
- As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
- Annual underlying revenue was £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £60.1 billion at 30 June 2012, providing visibility of future levels of activity.
- Rolls-Royce employs over 40,000 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
- In 2011, Rolls-Royce invested £908 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
- Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.