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MRO NEWS: Embraer and MTU Maintenance Lease Services sign lease engine cooperation
Munich, Amsterdam (The Netherlands), 3 June, 2016 – MTU Maintenance Lease Services B.V., a subsidiary of German aircraft engine manufacturer MTU Aero Engines, is enhancing its existing services through a cooperation with Brazilian aircraft manufacturer Embraer Aviation International SAS. A new service was created and foresees the provision of spare lease engines and lease engine support services to Embraer’s E-jet operators in Europe, the Middle East and Africa. According to the agreement, MTU Maintenance Lease Services will act as Embraer’s recognized supplier of CF34-10E lease engines and lease support services.
“More and more operators are demanding guaranteed spare engine availability to ensure un-interrupted flight operations,” said Martin Friis-Petersen, Managing Director of MTU Mainte-nance Lease Services. “With our continuously growing pool of spare engines and extensive know-how in the lease engine market, we can help them improve their operational reliability and cost competitiveness. Thanks to the cooperation with Embraer, we will be able to offer our support to an ever larger number of customers and strengthen our position as the leading independent service provider for the CF34-10E engine.”
MTU Maintenance Lease Services B.V. was founded in 2013 as a joint venture with the Japanese trading house Sumitomo Corporations and provides flexible and integrated short- and long-term lease engine services as well as stand-by arrangements and financial support through trusted partners. Additional services, among these end-of lease, logistical, and housekeeping services can be added by customers upon request. Further, the company offers asset owners solutions to increase their return of investment and find a smooth exit strategy for engines at the end of their operational life.
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. In the commercial maintenance sector the company ranks among the top 5 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 2014, the company had a workforce of some 9,000 employees and posted consolidated sales of approximately 4.4 billion euros.