Rolls-Royce LessorCare Selected by CDB Aviation

Rolls-Royce has announced CDB Aviation as a new customer for LessorCare, the pioneering new service tailored specifically to the needs of lessors.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited, is a leading global aircraft lessor with bases in Hong Kong and Dublin.

CDB Aviation will adopt LessorCare across its existing and future fleets of Trent-powered aircraft, drawing together a range of services under one simple, flexible and comprehensive framework. Rolls-Royce launched LessorCare in January, and several of the world’s largest widebody aircraft lessors have now signed up to the service.

Lucas Mollan, CDB Aviation’s Chief Technical Officer, said: “We are very pleased to be one of the first customers to partner with Rolls-Royce for the new LessorCare service and look forward to using this as a platform for future collaboration. CDB Aviation is always seeking ways to improve our abilities in serving our airline customers and believe this arrangement is another demonstration of this commitment.”

Simon Goodson, Rolls-Royce, Senior Vice President – Customer Business, Civil Aerospace, said: “We continue to see a positive industry response to the launch of LessorCare and we are delighted to welcome our partner CDB Aviation as a new LessorCare customer. We are committed to delivering choice and flexibility in our CareServices and LessorCare is part of that approach.”

LessorCare comprises one single, comprehensive agreement for all Trent engine types, giving customers access to all the services they need throughout the engine lifecycle. It allows lessors to pay for what they want when they need it. The benefits are faster and easier access, the incorporation of services today and for the future, and the maximising of possible return on investment.

LessorCare services include:

• Customer support – Rolls-Royce’s network of technical support, publications, and training to optimise responsiveness and keep aircraft earning revenue.
• Transitions services – a range of maintenance and availability services, to ensure aircraft move faster and more efficiently between leases. Services include engine maintenance and remarketing support.
• Asset management – a range of solutions that build on Rolls-Royce’s experience of working in close partnership with airlines worldwide to maximise engine values through their life-cycle. These solutions will include LifeKey which will be our enhanced form of OPERA (Operating Lessor Engine Restoration Agreement) that provides portability and liquidity for maintenance value.

Beyond these initial services, Rolls-Royce will continue to work with customers to develop LessorCare further, working towards even closer integration of aftermarket services and aircraft lease agreements.