EduBourseActualitésRolls-Royce nets CorporateCare® contracts with NetJets Middle East

Rolls-Royce nets CorporateCare® contracts with NetJets Middle East

Pierre Perrin-Monlouis Dernière mise à jour: 20 octobre 2021

Rolls-Royce, the world leader in engines for the business jet market, today announced NetJets Middle East, owned and operated by National Air Service, has signed six Rolls-Royce powered aircraft to CorporateCare®, the industry’s most comprehensive engine maintenance and management programme.

The aircraft are three Tay 611-8-powered Gulfstream GIVs and three Gulfstream G450s powered by Tay 611-8C engines.

Jamal Kashkari, Director of Maintenance – NetJets Middle East said: “The utilisation of the CorporateCare® programme will increase the reliability of our aircraft.”

Stephen Friedrich, Vice President – Aftermarket Business, Corporate & Regional Engines, Rolls-Royce, said: “We are delighted to extend our partnership with NetJets Middle East. The combination of Rolls-Royce product and service solutions delivers NetJets Middle East enhanced operations, increased efficiency and superior product performance.”

CorporateCare is one of the most successful service solutions in the Rolls-Royce suite of aftermarket offerings for civil aerospace, delivering record contract numbers in each of the last four years. Strong demand continues with more than 55 per cent of BR710 operators, 50 per cent of Tay 611-8C operators and 80 per cent of AE 3007 operators now enrolled in CorporateCare.

With CorporateCare, customers benefit from improved asset value, predictable engine maintenance costs, reduced acquisition costs and minimized administrative burdens. Basic coverage extends to scheduled and unscheduled shop visit expenses; all parts expenses (LRUs through line item parts) incurred during line maintenance; engine removal and reinstallation; and lease engine expenses. All applicable Service Bulletins, mandatory or recommended, are included as standard, both in the overhaul shop and during line maintenance, in accordance with Rolls-Royce Engine Management Programmes.

CorporateCare supports Rolls-Royce’s entire line of corporate aircraft engines: BR725, BR710, RB282, AE 3007, Tay and Viper.

Notes to Editors:

NetJets Middle East is a division of National Air Services and is headquartered in Jeddah, Saudi Arabia. All flights are operated by NAS. The NetJets Middle East fractional aircraft ownership programme is affiliated with NetJets Inc. and is operated under the principles of the NetJets U.S. programme created in 1986 by NetJets Inc. Chairman and CEO Richard Santulli.

Rolls-Royce has a growing presence in the Middle East, where it is playing an important role in the development of the region across all the Group’s sectors – civil aerospace, defence aerospace, marine and energy.

Rolls-Royce forecasts the size of the global corporate aircraft market opportunity at 79,000 engines worth US$110 billion over the next 20 years. Much of this demand is anticipated to come from the Middle East where the company expects a substantial increase in the region’s 220 aircraft fleet, 30 per cent of which is Rolls-Royce powered.

Rolls-Royce powers 15 different in-service business jet types in a fleet of 2,100 aircraft. Over one third of this fleet is covered by a long-term maintenance agreement with Rolls-Royce.

The company’s services activity continues to expand and is valued highly by customers worldwide. Service agreements broaden the opportunity to increase aftermarket revenues, which in turn provide considerable visibility of earnings into the future.

Rolls-Royce has a long history of offering programmes that provide service support of the operator’s engines in return for a fixed payment per hour flown. Its trademarked “Power by the Hour” programme has been in existence against the Viper engine, installed in the Raytheon (HS) 125 corporate jet, for well over 30 years. The company has also managed Fleet Hour Contracts with several customers since the inception of the RB211 engine in the early 1970s. Today, Rolls-Royce has taken its service to new levels with its CorporateCare®, TotalCare™ and On-Wing Care service centre support programmes.

Further details on CorporateCare® are available at or contact Steve Friedrich, Vice President – Aftermarket Business, at +1(703) 621-2715.

For further information please contact:

Ginny Person
Communications Manager – Civil Aerospace
Rolls-Royce North America Inc.
Reston, VA
Tel: (703) 621-2764
Cell: (703) 795-2997
Email: [email protected]

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.