Rolls-Royce & Partners Finance Establishes Engine Leasing Company in Tianjin

Rolls-Royce & Partners Finance has agreed to establish an aircraft engine leasing company in China’s Tianjin Dongjiang Comprehensive Bonded Zone, committing more than RMB2.3 billion to the new operation.

The agreement was signed with the Tianjin Dongjiang authorities on September 3 during the 2026 China Aviation Finance International Forum. The new entity will hold aircraft engine assets in China and serve as a platform for RRPF’s core activities in the country.

The business will focus on engine leasing, asset management and lifecycle services. According to the announcement, the transaction marks the first time a major international aviation lessor has established ownership of leasing assets in China for local operations.

UK-based RRPF is a joint venture between Rolls-Royce and US railcar and aircraft leasing company GATX. Its global portfolio comprises more than 1,000 engines under lease or management serving over 50 airline customers.

The Tianjin investment gives RRPF a locally based asset-owning platform as it expands its presence in China’s aviation leasing market.