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MTU Maintenance: Contracts worth some 400 million euros in the first quarter
• Atlas Air sends CF6 engines to Hannover for MRO
Munich, April 12, 2011 – MTU's Maintenance group did extremely well in the first quarter: In the first three months of this year, new contracts worth around 400 million euros were signed. One of the largest was awarded by Atlas Air. The U.S. carrier had started to send the CF6-50 and CF6-80 engines powering its Boeing 747 fleet to MTU Maintenance Hannover for maintenance, repair and overhaul (MRO) back in 1999. Now the existing contract was expanded to include additional engines and renewed to run through 2020. MTU Maintenance Berlin-Brandenburg's CF34 MRO team, too, succeeded in securing some attractive deals.
Said Dr. Stefan Weingartner: "This strong order intake is clear evidence of the recovery of the market and of the trust our customers place in our capabilities. It will make a major contribution to securing jobs at Hannover and Ludwigsfelde." MTU Aero Engines' President and CEO Commercial Maintenance was particularly pleased to note that the company had man-aged to add 15 new airlines and operators to its customer base in the first three months.
MTU Maintenance is the largest independent provider of commercial engine MRO services worldwide and operates affiliates in all of the major regions and markets around the globe. MTU Maintenance Hannover, the group's flagship company, specializes in the repair and overhaul of medium- and large-scale commercial engines, among them the General Electric (GE) CF6-50, CF6-80C2 and GE90-110/115, the Pratt & Whitney PW2000, the In-ternational Aero Engines (IAE) V2500, and the CFM International CFM56-7. Alongside technical repair offerings, including sophisticated repair techniques, the company also provides additional services like technical and logistic support, customer training, financing and 24-hour service availability. The company's new test cell accommodates engines delivering up to 150,000 pounds of thrust.
About MTU Aero Engines
MTU Aero Engines, Germany's leading engine manufacturer and the country's only independent engine builder, is an established player in the industry. The company has a workforce of more than 7,900 employees worldwide. A technology leader, MTU excels in low-pressure turbines and high-pressure compressors, as well as in manufacturing and repair techniques.