MTU Maintenance, the global leader in customized solutions for aero engines, signed a five-year V2500 contract with Asiana Airlines today. The contract covers the maintenance, repair and overhaul of 40 percent and engine trend monitoring for all of Asiana Airline and its subsidiaries' V2500 fleet. The deal is worth around 245 million euros.
"We are delighted to have signed a contract with Asiana Airlines," says Michael Schreyögg, Chief Program Officer, MTU Aero Engines. "MTU Maintenance established a representative office in Seoul over a year ago and is successively expanding its presence worldwide. We take this agreement as a clear sign that our strategy of being close to the customer is appreciated."
Asiana Airlines is a South Korean passenger and cargo carrier operating domestic and international flights for approximately 100 routes. The airline and subsidiaries have a combined fleet of 125 V2500 engines, including spares, operating on their A321 aircraft. "We are delighted to have strengthened our relationship with MTU Maintenance," says E-Bae Kim, Executive Vice President – Corporate Support, Asiana Airlines. "We have worked together on engine maintenance in the past and received excellent service throughout that period. Asiana Airlines looks forward to building on this successful history with the new V2500 agreement. We are sure that MTU Maintenance will continue to provide the highly-customized and intelligent MRO support we have come to rely on."
MTU Maintenance provides MRO services to 35 percent of the world's V2500 fleet in Hannover, Germany, Vancouver, Canada, and Zhuhai, China – making it the number one service provider worldwide. The engine MRO specialist has over 19 years' experience on this engine family, has completed over 4,800 shop visits in that timeframe and serves over 90 V2500 customers.