Latest Press Releases

Latest Press Releases 2021

Ground was broken at MTU Maintenance Zhuhai Co., Ltd. Jinwan Branch today, marking the start of construction of a second facility for engine disassembly, assembly and testing for joint venture partners MTU Aero Engines and China Southern Airline Company Ltd.

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MTU Maintenance, global market leader in customized solutions for aero engines, is now certified to carry out PW307 maintenance, repair and overhaul (MRO) on the PW307 engine family.

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MTU Aero Engines AG has sold Vericor Power Systems. This marine and industrial gas turbine (IGT) OEM based in Alpharetta, Georgia, USA, is being acquired by US private equity company CSL Capital Management of Houston, Texas, which focuses on the energy sector. The agreement was signed in early June 2021 and the transaction was closed in August.

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MTU Maintenance Canada has completed its move from Richmond, near Vancouver Airport, to Boundary Bay, Delta, British Columbia. This marks the successful conclusion of a brownfield adaptation that provides MTU Maintenance Canada with an additional space of around 60 percent and consolidates all of its repair activities into one location.

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In the first six months of 2021, MTU Aero Engines AG generated revenue of €2,004 million; in the first half of 2020, revenue was €2,049 million. The operating profit was €190 million (1-6/2020: €224 million) and the adjusted EBIT margin was 9.5% (1-6/2020: 10.9%). Net income developed in line with operating profit and was €135 million, compared with €161 million in the prior-year period.

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MTU Maintenance Berlin-Brandenburg has received German aviation authority (LBA) approval for the CFM56-7B and inducted the first engine of this type today.

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MTU Maintenance, global market leader in customized solutions for aero engines, and new customer Sunclass Airlines have signed an exclusive five-year contract for the maintenance, repair and overhaul of their CFM56-5B engines.

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MTU Maintenance, global market leader in customized solutions for aero engines, has signed a ten-year license agreement with Honeywell for the maintenance and repair of accessories and line replaceable units (LRUs) for Honeywell’s LEAP parts.

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MTU Maintenance, global market leader in customized solutions for aero engines and valued customer Saudi Aramco celebrates the delivery of the facility’s 9,000th engine, a CFM56-7B from the Saudi Aramco fleet.

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Munich/Nova Pazova, July 5, 2021 - MTU Aero Engines AG started construction work on its new repair facility for MTU Maintenance Serbia today. The commencement took place in the presence of Aleksandar Vučić, President of Serbia, and Thomas Jarzombek, Aerospace Coordinator of the German government. The ceremony was also attended by Germany's ambassador to Serbia, Thomas Schieb, and representatives from local authorities.

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