Press Archive 2007

MTU: Record billion-euro maintenance contract from JetBlue Airways

Hannover – MTU Aero Engines has received the largest maintenance contract in its annals: JetBlue Airways extended the term of the contract concluded with MTU Maintenance Hannover in 2005 from 10 to 15 years. The contract is worth 1.7 billion euros. That brings the overall JetBlue contract value to 2.4 billion euros. Totally, the maintenance order backlog of Germany's leading engine manufacturer now stands at more than five billion euros.