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MRO News: MTU Maintenance Canada looks back at successful accessory repair ramp-up
Vancouver (Canada), 21th December 2015 – Three years after the opening of the Accessory Repair Center (A.R.C.), MTU Maintenance Canada, is satisfied with the development of its business for accessory repair and Line Replaceable Unit (LRU) management. The company, an affiliate of one of the world’s leading engine maintenance providers, has managed to increase revenues by 48 percent to 40 million US dollars since 2012 and has won a number of new customers. In 2015 alone, MTU Maintenance Canada signed several long-term contracts at a total value of 26 million US dollars.
“MTU Maintenance’s accessory business is on a very good track, and we are confident that we will achieve our goal for 2020”, said Dan Watson, Chief Commercial Officer at MTU Maintenance Canada. “We expect our revenues to increase around 50 percent in the next five years. While we continue to support the MTU’s network of engine MRO facilities, the growth is also a result of our successful development of component repair capability and supply chain tools for airlines around the globe.”
Accessories and LRUs include parts that do not directly form part of the core engine, but are necessary to sustain its operation. As a one-stop shop provider, they are becoming increasingly important in MTU Maintenance Canada’s services portfolio. The A.R.C. was founded in a move to offer customers a broader range of MRO services under MTU’s Total Engine Care (TEC®) concept. With the aim to lower the operating costs of its customers, the facility, co-located with MTU Maintenance Canada’s engine MRO location at the Vancouver International Airport, offers a wide range of internal accessory repair capabilities that can be accessed directly.
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 3.9 billion euros.
