MTU Maintenance saw only an 18% reduction in incoming engines across its entire portfolio in 2020, which was above market expectations of a drop of 45% in shop visits for the global aftermarket for commercial engines.
MTU Maintenance attributes this stability to its broad engine portfolio, with 30 engine types, including the newly added LEAP engine as well as other popular narrow-body engines such as the CFM56, PW1100G-JM and V2500 engine families, which are likely to recover faster after the crisis. Further, MTU Maintenance has a diverse customer base which includes, among others, cargo operators who have flown consistently throughout the pandemic, and military customers such as the U.S. Air Force at its facility in Vancouver, Canada.
“In fact, we even saw campaign wins of US$5.5 billion, the second highest in MTU Maintenance history,” said Michael Schreyögg, Chief Program Officer, MTU Aero Engines. “This is proof that customers trust in us, our financial strength and intelligent solutions in critical times. Our engine expertise and ability to get the most out of an engine at minimum cost is highly valuable to both airlines and lessors both now and in time, when our industry recovers.”
“These campaign wins included over 300 new engine MRO contracts, including for single shop visits, and 56 new customers or existing customers sending new engine types to our facility,” added Martin Friis-Petersen, SVP MRO Programs, MTU Aero Engines. The CFM56 engine family made up over one-third of these customers. “In turn, we are confident in this program and are even adding a CFM56-7B line to our facility in Berlin to ensure fast response and high flexibility for our customers.”
On the basis of this, MTU Maintenance remains committed to its organic growth strategy and is continuing with on-going investments for instance in the ramp-up at EME Aero, Poland, and expansions at its sites in Berlin-Brandenburg and Hannover in Germany, moving to a new facility in Vancouver, Canada, as well as constructing a second facility at MTU MaEmail Post to a Friend