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MTU Maintenance Hannover garners orders worth some 50 million euros

Hannover, September 25, 2009 – Over the past few weeks, MTU Maintenance Hannover has succeeded in winning engine maintenance business worth a total of some 50 million euros. The contract with the biggest single order volume was awarded by Air New Zealand. Dr. Stefan Weingartner, President and CEO, Commercial Maintenance at MTU Aero Engines, commented: "This deal goes to show that you can score successes even amid difficult economic times if your offering is competitive in terms of quality and reliability."

Air New Zealand will be sending 38 CF6-80C2 powering its Boeing 747-400s to MTU's Langenhagen-based affiliate for maintenance, repair and overhaul. The contract follows up on an agreement signed in 2006. The time & material agreement was concluded on an exclusive basis for a term of five years. Air New Zealand's decision to pick MTU as its MRO provider was prompted by the airline's good experience with the quality of the maintenance specialist's repair work, its custom-tailored service packages and the resulting high time on wing.

About MTU Aero Engines
MTU Maintenance Hannover is an affiliate of MTU Aero Engines and the centerpiece of the MTU Maintenance group, the world's largest independent provider of maintenance services for commercial engines. The company supports engines in the medium and upper thrust ranges for commercial applications, among them the GE CF6-50 and CF6-80C, the Pratt & Whitney PW2000, IAE’s V2500, and the CFM International CFM56-7. MTU Aero Engines, which is celebrating its 75th anniversary this year, is Germany's leading engine manufacturer. Together with its affiliates, MTU today has a workforce of approximately 7,500 employees. Technologically a global industry leader, the company excels in low-pressure turbines and high-pressure compressors, as well as in manufacturing and repair techniques. In 2008, MTU posted consolidated sales of more than 2.7 billion euros.