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• MTUPlus Asset Value Maximization to increase return on investment for end-of-life engines

Amsterdam (The Netherlands), 14 October 2015 – MTU Maintenance has launched a new service targeted at engine asset owners seeking to increase their return on investment and to find a smooth exit for their end-of-life engines. MTUPlus Asset Value Maximization offers asset owners with a surplus engine different solutions which either optimize its usage if the asset can still be operated or maximize the material value through the remarketing of its individual parts.

The evaluation of the engine’s residual value is one MTU Maintenance’s key competences and forms the basis of MTUPlus Asset Value Maximization.  Depending on the results, engine owners have several options to perform a smooth exit of their end-of-life engines and earn money with these at the same time. Offers run from lease-out, sale and exchange solutions to teardown and material management. Built on a modular basis, the different options can be combined among each other to fully respond to the requirements of the engine owner. MTUPlus Asset Value Maximization is carried out by MTU Maintenance’s subsidiary MTU Maintenance Lease Services B.V., a joint venture with the Japanese trading house Sumitomo Corporation. The joint venture was founded to increase MTU’s activities with the leasing of commercial aircraft engines and was now expanded further to include asset and material management services for older and current generation engines as well.

The decision to launch MTUPlus Asset Value Maximization is a logical consequence for MTU Maintenance to better respond to the demands of the MRO market for more integrated services. “At MTU Maintenance, we have more than 35 years of experience in the field of engine MRO and have been active in the lease and purchasing markets for over 15 years as well”, said Martin Friis-Petersen, Managing Director of MTU Maintenance Lease Services B.V. “With our services, we go beyond traditional maintenance offers: We not only help our customers save operational and shop visit costs, we also aim to maximize the value of their assets. As such, MTUPlus Asset Value Maximization fits perfectly into our portfolio of integrated services.” The service is available for all older and current generation engines within MTU Maintenance’s portfolio, among these smaller models such as the CF34, but also the CFM56, PW2000, the V2500 up to widebody engines such as the CF6.

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.