MTU maintenance tops $630 milion in November orders

By: David A. Lombardo

January 1, 2009
Maintenance and Modifications

Nine contracts worth more than $630 million were awarded to MTU Maintenance last November. “The deals we made again demonstrate that amid a difficult economic environment, MTU remains competitive and well positioned,” commented Egon Behle, CEO of MTU Aero Engines. The agreements signed in part are long-term, up to 10-year arrangements covering V2500, CF6 and PW2000 engines. They come mostly from the U.S. and Europe.

“This year, MTU is launching four new engine programs that will figure substantially in sales over the next several decades,” he said.

They involve the PW810 for large business jets, geared turbofan engines for the upcoming Mitsubishi Regional Jet (PW1217G) and Bombardier C Series (PW1524G), as well as the GE38 to power heavy-lift helicopters. MTU has also taken a stake in two versions of General Electric’s LM6000 gas turbine.

The current slowdown in air traffic has had little impact on MTU, the company claims. “Our parts business is largely stable, and thanks to our modern engine portfolio, our business is less severely affected by aircraft stand-downs,” said Behle.

Older engine types, which are particularly affected by aircraft retirements, account for only about 3 percent of MTU’s commercial engine sales. The parking rate for aircraft incorporating engines from MTU’s portfolio currently is several percentage points below industry average.

Back

Jet Aviation Vnukovo Is Open 24/7 July 01, 2009 Jet Aviation today announced that its maintenance operation at Moscow Vnukovo International Airport, one of the largest air transportation hubs... [more]
Aviall’s Dubai Service Center Now Online July 01, 2009 Aviall Services’ new customer service center in Dubai, UAE, officially opened last Thursday. The new aircraft parts facility, located in the... [more]
Heliproducts Acquisition Expands Dart’s Helo Tools July 01, 2009 Dart Helicopter Services (DHS) on Monday acquired a division of Heliproducts Industries, further expanding DHS’s portfolio of helicopter tools.... [more]
G20 Cites U.S. over Proposed Foreign Repair Rules July 01, 2009 The Aeronautical Repair Station Association notes the U.S. could be in violation of international rules because of language pertaining to... [more]
Australian PMA Parts Could Soon Be Shipping to U.S. July 01, 2009 Australia’s Civil Aviation Safety Authority (CASA) recently reached an agreement with the FAA that extends an existing aviation treaty-level... [more]