Press release

Munich/Hannover (Germany), 29 October 2014 – MTU Maintenance, one of the leading engine maintenance providers in the world, is celebrating 25 years of engine MRO on IAE’s V2500, the world’s bestselling engine powering the A320 aircraft family. MTU Maintenance’s parent company MTU Aero Engines is part of IAE with a 16 percent share. It has developed and manufactures various parts of the low pressure turbine. “For MTU, the V2500 has been and will continue to be our most important commercial engine program”, said Dr. Stefan Weingartner, President MTU Maintenance and member of the Executive Board at MTU Aero Engines. “Up until today, more than 6,000 V2500s have been delivered to over 200 customers around the world. The success of this engine also drives considerable revenues in our maintenance and spare parts business. We are very proud of our success and are looking forward to continue our fruitful collaboration with IAE in the future.”

Simultaneously with the first V2500 entering into service in 1989, MTU Maintenance started offering overhaul services for the engine at its location in Hannover, Germany. Today, about one third of all shop visits are performed by MTU Maintenance, either in Hannover or at its facility in Zhuhai, China. MTU Maintenance thus ranks number one worldwide for MRO work on this engine type. So far, the company has handled about 3,700 shop visits and serves around 50 V2500 operators and leasing companies around the globe.

V2500 customers benefit from MTU’s innovative high-tech repair processes, a considerable amount of which are developed in-house and are patented under the brand name MTUPlus repairs. In addition, MTU Maintenance offers customized service packages, including on-wing and on-site services, accessory and LRU management, engine condition monitoring, engineering support as well as lease services via its newly founded MTU Maintenance Lease Services B.V. All offers can be combined individually under the modular service package Total Engine Care (TEC), which guarantees operators cost-effective and fully tailored solutions for their engine needs.

Considering the enormous popularity of the engine and the fact that the production of the A320 will continue throughout the decade, MTU Maintenance is confident that it will continue to perform maintenance services on the V2500 for many years to come. “Despite the fact that the PW1100G will enter into service next year on the A320neo, the number of V2500 engines in service is expected to increase to 6,000 by the end of the decade”, added Weingartner. “Reason enough for us to stay optimistic and continue our excellent services.”

About MTU Aero Engines
MTU Aero Engines is Germany's leading engine manufacturer and is an established global player in the industry since 80 years. It engages in the development, manufacture, marketing and support of commercial and military aircraft engines components and industrial gas turbines. The company is a technological leader in low-pressure turbines, high-pressure compressors and manufacturing processes. Figuring significantly among MTU's core competencies are the maintenance, repair and overhaul (MRO) of commercial engines and the service support it provides for industrial gas turbines. These activities are combined under the roof of MTU Maintenance, which is one of the world’s largest providers of commercial engine MRO services. MTU operates affiliates around the globe; Munich is home to its corporate headquarters. In fiscal 2013, the company had a workforce of some 8,700 employees and posted consolidated sales of some 3.7 billion euros.