Rolls-Royce has enhanced it LessorCare aftermarket support programme with a service termed LifeKey to provide more flexibility for customers.
LifeKey represents a "central component" of LessorCare and will replace R-R's operating lessor engine restoration agreement (OPERA), the UK manufacturer says.
It asserts that the new service will provide lessors with "unique improvements in terms of greater visibility, accessibility, portability and liquidity".
Lessors will gain more flexibility by being able to withdraw from engine life refurbishment activities – under an operator's TotalCare package – at "any time that the aircraft is off lease", R-R says.
Under the new scheme, lessors will additionally have visibility of operators' TotalCare rates for refurbishment activities for engines aged five years or above, from service entry.
"Improved liquidity enables the lessor to better manage and maximise its investment profile over the full engine lifecycle," R-R says.
LessorCare customers Jackson Square Aviation and CDB Aviation have been named as the first adopters of the LifeKey component.
R-R senior vice-president customer business for civil aerospace Simon Goodson says the manufacturer has been working with lessors to devise services that give them "choice and flexibility" throughout an engine's life-cycle.
LessorCare and LifeKey represent "key steps in our journey together", he says.
R-R notes that it has 11 LessorCare customers, which together cover "almost half" of the manufacturer's leased fleet of Trent series engines.