MTU Maintenance secures close to US$4.4 billion in contract wins

CFM56 maintenance ©MTU Maintenance

MTU Maintenance, the MRO division of MTU Aero Engines AG secured around US44.4 billion in MRO contract wins in 2018, surpassing the 4 billion mark for the first time in its history. Over 300 contracts were signed in 2018, of which 46 were with new engine MRO customers.

In 2018, MTU Maintenance’s worldwide facilities were operating at full capacity and the company completed well over 1,000 shop visits as well as close to 1,500 events.

The highest ever number of engines went through the MTU Maintenance Hannover facility with over 400 shop visits completed. Within the network, around a third of all visits were for the V2500 engine, which is served at its three facilities: MTU Maintenance Canada, MTU Maintenance Hannover and MTU Maintenance Zhuhai. Once again, records were broken for the CF34 program at MTU Maintenance Berlin-Brandenburg, with over 130 shop visits taking place. Airfoil Services  (ASSB), MTU’s joint venture with Lufthansa Technik in Malaysia also increased its proportion third party repair to 60%, with the remaining 40% of volume coming from the joint venture partners. 

Nearly US$400 million was won by MTU Maintenance in third party repair deals, including parts, accessory and teardown services in 2018. More than 200 third party repair customers were served and 20,000 orders placed . “This success combined with forecast repair demand in coming years is one of the reasons behind MTU’s plan to build a new European repair facility, in addition to the massive capacity expansion taking place at all facilities across our network.,” Michael Schreyögg, Chief Program Officer, MTU Aero Engines said.

MTU Maintenance Lease Services B.V., an 80/20 joint venture with Sumitomo Corp. operating out of Amsterdam also significantly surpassed records in 2018, demonstrating a growth rate of about 37% compared to the previous year in terms of revenue. The company focusses on short-term lease support and asset management and expanded its portfolio in 2018 to include technical asset management services (TAMS). The range of services covers comprehensive technical consulting and fleet management, transitions management and housekeeping support for aircraft engines. 

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