So since the engines are leased, the plane is engine less? That means any new owner has to strike a deal with someone to have them installed on the plane?
All Trent 900s are leased from Rolls-Royce under TotalCare contracts so the new owner would just sign such a contract.
As I’ve said before, RR does not own engines under TotalCare contracts, The airline chooses whether it wants to go with totalcare or not. In fact RR is leasing the T900s from Dr Peters.
Virtually all RR WB engines are covered by TotalCare contracts, irrespective of ownership (for WB engines, you have to opt out, and only certain purchasers / operators can do so).
Total Care and RR ownership are not one and the same, though very unlikely RR owned engines are not on TotalCare.
RR does own engines - airlines can lease new and used. For cashflow / funding purposes, RR will from time to time, bundle lease contracts and place them with financiers, as do GE and Boeing Capital.
There is almost certainly a put option on the specific engines in question, being the other part of the buyback on the aircraft.
It seems very unlikely the oldest, earliest build, heaviest and non-production standard of the five will find a flying home. After a period of inactivity and 1-2 ownership transfers, it will fly away for parting, with the engines winging their way back to RR.