What is the story about?
What's Happening?
Rolls-Royce has expanded its CorporateCare program for business jet engines to include coverage for foreign object damage to fan blisks. The company operates 85 service centers worldwide and has 85 on-wing service technicians available to assist operators. Rolls-Royce holds approximately 250 lease assets, including engines and nacelles, which can be fitted to customer aircraft during maintenance. The CorporateCare Enhanced program now covers 75% of newly delivered Rolls-Royce-powered aircraft, reflecting the company's strong presence in the propulsion market for very-long- and ultra-long-range jets.
Why It's Important?
The expansion of Rolls-Royce's CorporateCare program demonstrates the company's commitment to providing comprehensive support to its business jet customers. By covering foreign object damage, Rolls-Royce enhances the reliability and operational efficiency of its engines, which is crucial for maintaining customer satisfaction and loyalty. The company's significant market share in the propulsion sector for large-cabin jets underscores its influence in the aviation industry, and the expanded coverage could further solidify its position as a leading engine manufacturer.
What's Next?
Rolls-Royce's focus on expanding its service offerings and enhancing customer support is likely to drive increased adoption of its engines in the business aviation sector. The company may continue to innovate and expand its service programs to address emerging customer needs and industry trends. Stakeholders will be watching for further developments in Rolls-Royce's service capabilities and potential partnerships or acquisitions that could enhance its market position.
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