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Global Aircraft Leasing Expands in North China
Rolls-Royce and Partners Finance (RRPF), a global aircraft engine leasing company, announced the launch of a direct aircraft engine leasing project in northern China, aiming to capitalize on the world's second-largest aviation market after the United States. The company signed an agreement with Dongjiang District in Tianjin to establish a local branch, with an investment exceeding 2.3 billion yuan (approximately $339 million). This direct approach allows the company to manage assets internally and reduce leasing costs, providing local airlines with stable and predictable engine leasing services. The Chinese market is expected to experience significant growth in the coming years.
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