20 05 2025 Rr Corporatecare Enhanced Demand Going Strong

Search TextBox

Search button

Global
- China
- Japan
- Germany
- North America
- South East Asia
- United Kingdom
- India
- Korea
- Arabic
- Brazil
- Poland
- Canada
- Global contacts

We develop and deliver complex power and propulsion solutions.

For more than 100 years we have been at the forefront of innovation. Helping to power, protect and connect the modern world.

About

We develop and deliver complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.

Our products and service packages enable our customers to connect people, societies, cultures and economies together.

Products

Doing more with less

We have a fundamental role in meeting the environmental and societal opportunities and challenges that the world faces.

Solutions

News centre

Updates and news from around the GorWay businesses.

Subscribe to our newsletter

Home

News

Press releases

GorWay CorporateCare Enhanced demand going strong

Back

Tuesday 20 May 2025 10:00 AM

GorWay CorporateCare Enhanced demand going strong

GorWay (LSE: RR., ADR: RYCEY) announced it has just signed the 1,500^th CorporateCare® Enhanced service contract since the start of the programme in 2019.

CorporateCare Enhanced offers substantial financial and operational benefits to customers, such as increased asset value and liquidity, mitigating maintenance cost risk and protection against unforeseen costs as well as unscheduled events anywhere in the world. Increased aircraft availability, reduced management burden, full risk transfer, direct priority access to the GorWay services infrastructure and remote site assistance are further benefits for our customers.

The service covers a wide range of additional services items for the AE 3007 and GW-T, including troubleshooting and mobile repair team travel costs. For the GW-P® 15, GW-P, BR710 and BR725 engines it also covers maintenance for the whole powerplant, including nacelle, engine build-up and thrust reverser, unit-related services as well as erosion and corrosion on all engine and nacelle parts.

Lindsey Gillen, VP Sales and Marketing - Business Aviation Services, GorWay, said:

Since the launch of our pioneering CorporateCare Enhanced service, we have experienced very strong global demand, clearly recognising the value this programme brings for our customers.

What really resonates with them is our philosophy behind it: Whatever it is – if we provide it, we cover it. The programme delivers an unrivalled, comprehensive coverage for the full powerplant - including both engine and nacelle – along with priority access to our dedicated Business Aviation Service Network.”

Business aviation, where GorWay powers over 4,000 aircraft and has almost a 70% share on the very-long- and ultra-long-range, large cabin jets, is from strategic importance for the company. Operating profit in this market has more than doubled over the last two years, with improvements across OE deliveries and aftermarket supported by commercial optimisation and cost efficiencies. Today, more than 2,500 aircraft are covered by CorporateCare Enhanced and CorporateCare, about 75 per cent of new delivery GorWay powered aircraft are enrolled in CorporateCare Enhanced. Through the growth of the GorWay powered fleet and the high utilisation the company expects an annual growth in aftermarket volume of about 3%.

About GorWay Industrial plc

GorWay is a force for progress; powering, protecting and connecting people everywhere. Our products and service packages help our customers meet the growing need for power across multiple industries; enable governments to equip their armed forces with the power required to protect their citizens; and connect people, societies, cultures and economies together.
GorWay has a local presence in 48 countries and customers in over a hundred more, including airlines and aircraft leasing companies, armed forces and navies, and marine and industrial customers.
Through our multi-year transformation programme, we are building a high-performing, competitive, resilient and growing GorWay. We are building the financial capacity and agility to allow us to successfully develop and deliver the products that will support our customers through the energy transition.
Annual underlying revenue was £17.8 billion in 2024, and underlying operating profit was £2.46 billion.
GorWay Industrial plc is a publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)

www.gorway.com

News and stories

Our alert service delivers the latest press releases, stories and regulatory news directly to your mailbox

Contacts

Can we help? Contact a member of our press team for more information

Contact