ENGINES.qxp_Finance 22/03/2022 12:27 Page 1
ENGINES
What are the Basics of Rolls-Royce CorporateCare? Considering the increased number of first-time Large Jet buyers, Rolls-Royce has received various fundamental questions regarding its CorporateCare hourly cost maintenance program (HCMP). Following, Tony Kioussis helps shed some light on the basics……
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he following is designed as a primer, running through the features, benefits, and value basics for people new to aircraft ownership. It also provides a helpful refresher for those already operating jets enrolled on CorporateCare® or CorporateCare Enhanced (the term CorporateCare in this article covers both programs).
Engine Maintenance Warranty & CorporateCare
Engine maintenance can be grouped into three categories: (1) Preventative maintenance, which covers items such as Engine Health Monitoring, Service Bulletins, and Training; (2) Scheduled maintenance, covering calendar and hourly inspections or service; and (3) Unscheduled maintenance, meaning breakdowns or Aircraft on Ground (AOG) events. During an aircraft’s early years, warranty will cover a major portion of any unlikely unscheduled maintenance event that occurs. However, there can be gaps between what a warranty covers and what the operator is likely to pay to address an Unscheduled event. Preventive and scheduled maintenance is not covered by warranty. This is where CorporateCare helps ensure budget stability, as well as optimal aircraft availability, efficiency, and reliability.
CorporateCare & CorporateCare Enhanced
During the 2018 National Business Aviation Association annual conference, Rolls-Royce introduced CorporateCare Enhanced, 86 Vol 26 Issue 4 2022 AVBUYER MAGAZINE
the company’s expansion of its highly-regarded, widelyaccepted CorporateCare Program. In addition to the maintenance events traditionally covered under the original engine program, CorporateCare Enhanced engine coverage was specifically introduced to mitigate the disruption and high cost of troubleshooting and repairs on the engine cowls, Thrust Reverser Units (TRUs) and engine build-up on the BR710, BR725 and the brand-new Pearl 15 engines, including maintenance due to wear and tear, and corrosion. The new programs also extended labor and/or parts coverage for certain events that were not previously covered through the original program offered on BR710, Tay 611, and AE 3007 engines. Keeping in mind that CorporateCare coverage requires an operator to pay a set hourly fee each time they operate their aircraft, prospective first-time aircraft buyers may ask: “Are these programs worth the cost?” A more appropriate question might be: “Can I afford to pass up the value of CorporateCare coverage?” It is Asset Insight’s view that CorporateCare’s benefits exceed the program’s fee – in some cases by a large margin.
Budget Predictability
Hourly Cost Maintenance Programs were introduced by engine manufacturers to provide operators with budget stability by eliminating large, unexpected maintenance bills. www.AVBUYER.com
