Press release
MTU Maintenance signs exclusive contract with new airline Air Sial
Hannover, January 12, 2021 – MTU Maintenance, global leader in customized solutions and start-up airline from Pakistan, Air Sial, have signed an exclusive five-year contract for the maintenance, repair and overhaul of Air Sial’s six V2500 engines. Beyond MRO, the agreement includes engine trend monitoring, on-site services and lease engine support as well as technical training.
“We are delighted to rely on the technical support of MTU during our ramp-up of operations and beyond,” says Mr. Fazal Jilani, Chairman Air Sial. “We are confident that MTU’s engine experts will minimize our costs and optimize our usage to gain the maximum benefit and performance from our engines.”
Air Sial began operations in December, 2020. It currently flies to domestic locations within Pakistan and aims to boost air travel and connectivity in the region. It plans to carry out cross-border flights from 2021.
“It was fantastic to see Air Sial entering into operations and joining the market at the end of a rather challenging 2020. It is a clear signal of better times to come,” adds Michael Schreyögg, Chief Program Officer, MTU Aero Engines. “At MTU, we believe in the recovery and subsequent success of the aviation industry and look forward to a long and fruitful relationship with newcomer Air Sial.”
MTU Maintenance is the number one service provider for V2500 engines worldwide, having carried out over a third of all shop visits on this engine type in 2019. Furthermore, it is the largest independent service provider for the V2500 and partners with over 90 customers worldwide. The V2500 engine is serviced at three MTU facilities in order to meet global and regional demand. MTU Maintenance has performed work on the V2500 in Hannover, Germany, since 1989, and in Zhuhai, China, since 2003. Further, the V2500 program was introduced at MTU Maintenance Canada in Vancouver in 2017.
About MTU Aero Engines
MTU Aero Engines AG is Germany's leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, manufacturing and marketing of high-tech components together with international partners. Some 30 percent of today’s active aircraft in service worldwide have MTU components on board. In the commercial maintenance sector the company ranks among the top 3 service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country's military. MTU operates a network of locations around the globe; Munich is home to its corporate headquarters. In fiscal 2019, the company had a workforce of more than 10,000 employees and posted consolidated sales of more than 4.6 billion euros.