Kuala Lumpur, November 14, 2016 – Airfoil Service Sdn. Bhd. (ASSB), a 50:50 joint venture between MTU Aero Engines AG and Lufthansa Technik AG, has reached the quarter of a cen-tury milestone. Created in November 1991, the company looks back on an impressive record of high-tech achievements and commitment to the local industry and region. ASSB was initial-ly a joint venture between MTU Maintenance (part of MTU Aero Engines) and Malaysian air-lines. In 2003, MTU Aero Engines and Lufthansa Technik teamed up and each took on a 50% stake in the company. Over the last 13 years of MTU and LHT collaboration, around 350 local jobs have been created. Furthermore, ASSB has invested USD 22 million in state of the art technology, machinery and improving the working environment for employees. These mile-stones and more were celebrated on Friday by staff and joint venture partners.