BEIJING (XINHUA) – Air China and British engineering giant Rolls-Royce announced the establishment of a new engine maintenance, repair and overhaul (MRO) joint venture in Beijing at the International Trade Fair for Services. of China 2022.
The new joint venture, Beijing Aero Engine Services Company Limited (BAESL), will provide MRO support on Rolls-Royce Trent 700, Trent XWB-84 and Trent 1000 aircraft engines. Air China currently has all three engine types in its fleet .
Air China and Rolls-Royce each own 50% of the shares of the joint venture with a contractual amount of approximately 2.61 billion CNY (approximately 378.2 million USD).
At full capacity, which is expected to be reached in the mid-2030s, BAESL could support up to 250 store visits per year. The facility will offer MRO services to Air China and other airline customers.
Air China Chairman Ma Chongxian said operational safety is a top priority, Air China has long been committed to developing aircraft maintenance capabilities and ensuring fleet reliability, while striving to promote the industrialization of aircraft maintenance.
Rolls-Royce civil aerospace president Chris Cholerton said the joint venture was an important step for Rolls-Royce in China.
“Air China is a strategic partner for us, having grown successfully together for many years. I am delighted to expand our relationship with this exciting partnership in the MRO and look forward to the continued growth of our collaboration.
Ma said Air China and Rolls-Royce will continue to deepen their partnership and cooperation in servicing high-thrust engines in the future.
Today, Rolls-Royce powers 60% of China’s widebody fleet, powering more than 550 aircraft in service or on order.