Rolls-Royce LessorCare Selected by CMIG

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

　　CMIG Aviation Capital will adopt the service across their existing and future fleets of Trent-powered aircraft, drawing together a range of services under one simple, flexible and comprehensive framework.

　　Peter Gao Sixiang, CEO of CMIG Aviation Capital, said: “We are very pleased to be one of the early adopters in partnering with Rolls-Royce for the new LessorCare service and think this will be an excellent opportunity for future cooperation. CMIG Aviation Capital is committed to providing excellent support to and for its customers and we believe that LessorCare is a positive step in achieving that aim.”

　　Troy Wang, Rolls-Royce Vice President – Civil Aerospace, said: “We continue to see a positive industry response to the launch of LessorCare and we are delighted to welcome CMIG Aviation Capital as a new LessorCare customer. We continue to work closely with our Lessor partners in China on the selection of LessorCare, and this announcement is a great step on that journey.”

　　LessorCare comprises one single, comprehensive agreement for all Trent engine types, giving customers access to all the services that 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 to the incorporation of services today and the future, and the maximising of possible return on investment.

　　In China, Rolls-Royce believes that LessorCare will provide an excellent platform to deliver the most effective and efficient services to the growing and ambitious aircraft leasing industry, and LessorCare forms a key element of the way in which Rolls-Royce will look to support this industry going forwards.

　　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.

　　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.

　　CMIG Aviation Capital

　　CMIG Aviation Capital is a wholly-owned subsidiary of China Minsheng Investment Group. CMIG Aviation Capital is an aircraft leasing business headquartered in Tianjin, China, with footprints in Hong Kong, Ireland, and Singapore. Its portfolio of 21 young, modern trunk-liner aircraft are on long-term lease to 15 airlines in 8 countries and regions.

　　Rolls-Royce

　　Rolls-Royce’s vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers.