Rolls Royce : further develops its CareNetwork capability as it signs new agreement with StandardAero

Thursday, 18 January 2018

Rolls-Royce is continuing to develop its CareNetwork capability to service existing fleets as well as ensuring it is ready to meet the future ramp-up in engine service requirements.

As part of this process, Rolls-Royce has signed an agreement with StandardAero to provide maintenance service for RB211-535E4 engines from its base in San Antonio, Texas. The first engine inductions will take place in early 2019.

Around 1,000 RB211-535E4 engines are in service, powering Boeing 757 aircraft, with half of the fleet in service in North America. RB211-535E4 engines are anticipated to remain in commercial airline service until the year 2040.

This marks a further milestone in Rolls-Royce's strategy to develop a competitive, capable and flexible network to meet the changing needs of customers across the lifecycle of engines and to support the growing Trent engine fleet. Recent additions to the CareNetwork have included Air France Industries KLM Engineering Maintenance, Mubadala Development Company, and Delta TechOps.

Tom Palmer, Rolls-Royce, Senior Vice President - Services, Civil Aerospace, said: 'We are continuing to evolve our CareNetwork to make it ever more competitive, capable, and flexible and this agreement strengthens the level of service support we can offer our customers. I know that, in StandardAero, we have a service provider that will be able to meet the needs of our RB211-535E4 customers both now and in the future.'

Peter Turner, President of StandardAero's Airlines and Fleets division, said: 'The RB211-535E4 will be the highest thrust engine in our commercial MRO portfolio. Winning this large, long-term commercial contract is a true demonstration of our strong customer relationships, trusted service partnerships and proven abilities to successfully stand up engine MRO programs.'

About Rolls-Royce Holdings plc

1. Rolls-Royce's vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems.
2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
3. We have three common themes across all our businesses:
4. • Investing in and developing engineering excellence
   • Driving a manufacturing and supply chain transformation which will embed operational excellence in lean, lower-cost facilities and processes
   • Leveraging our installed base, product knowledge and engineering capabilities to provide customers with outstanding service through which we can capture aftermarket value long into the future.
5. Annual underlying revenue was £13.8 billion in 2016, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £80 billion at the end of 2016.
6. In 2016, Rolls-Royce invested £1.3 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
7. Rolls-Royce employs almost 50,000 people in 50 countries. More than 16,500 of these are engineers.
8. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2016 we recruited 274 graduates and 327 apprentices through our worldwide training programmes.

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