Rolls-Royce CorporateCare Enhanced demand going strong

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Rolls-Royce (LSE: RR., ADR: RYCEY) announced it has just signed the 1,500th CorporateCare® Enhanced service contract since the start of the programme in 2019.

CorporateCare Enhanced offers substantial financial and operational benefits to customers, such as increased asset value and liquidity, mitigating maintenance cost risk and protection against unforeseen costs as well as unscheduled events anywhere in the world. Increased aircraft availability, reduced management burden, full risk transfer, direct priority access to the Rolls-Royce services infrastructure and remote site assistance are further benefits for our customers.

The service covers a wide range of additional services items for the AE 3007 and Tay engines, including troubleshooting and mobile repair team travel costs. For the Pearl® 15, Pearl 700, BR710 and BR725 engines it also covers maintenance for the whole powerplant, including nacelle, engine build-up and thrust reverser, unit-related services as well as erosion and corrosion on all engine and nacelle parts.

Lindsey Gillen, VP Sales and Marketing - Business Aviation Services, Rolls‑Royce, said:

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Since the launch of our pioneering CorporateCare Enhanced service, we have experienced very strong global demand, clearly recognising the value this programme brings for our customers.

What really resonates with them is our philosophy behind it: Whatever it is – if we provide it, we cover it. The programme delivers an unrivalled, comprehensive coverage for the full powerplant - including both engine and nacelle – along with priority access to our dedicated Business Aviation Service Network.”

Business aviation, where Rolls-Royce powers over 4,000 aircraft and has almost a 70% share on the very-long- and ultra-long-range, large cabin jets, is from strategic importance for the company. Operating profit in this market has more than doubled over the last two years, with improvements across OE deliveries and aftermarket supported by commercial optimisation and cost efficiencies. Today, more than 2,500 aircraft are covered by CorporateCare Enhanced and CorporateCare, about 75 per cent of new delivery Rolls-Royce powered aircraft are enrolled in CorporateCare Enhanced. Through the growth of the Rolls-Royce powered fleet and the high utilisation the company expects an annual growth in aftermarket volume of about 3%.

About Rolls-Royce Holdings plc
  1. Rolls-Royce is a force for progress; powering, protecting and connecting people everywhere. Our products and service packages help our customers meet the growing need for power across multiple industries; enable governments to equip their armed forces with the power required to protect their citizens; and connect people, societies, cultures and economies together.
  2. Rolls-Royce has a local presence in 48 countries and customers in over a hundred more, including airlines and aircraft leasing companies, armed forces and navies, and marine and industrial customers.
  3. Through our multi-year transformation programme, we are building a high-performing, competitive, resilient and growing Rolls-Royce. We are building the financial capacity and agility to allow us to successfully develop and deliver the products that will support our customers through the energy transition.
  4. Annual underlying revenue was £17.8 billion in 2024, and underlying operating profit was £2.46 billion.
  5. Rolls-Royce Holdings plc is a publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)

www.rolls-royce.com

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