MTU Maintenance Hannover Wins New Nine-Year €52 Million Agreement
01 March 2007 16:51
Hannover – MTU Maintenance Hannover secured a new customer when it recently inked a sole-source deal with the US's Gemini Air Cargo. The nine-year agreement, worth about €52 million, is for the repair and overhaul of 13 CF6-80C2 series engines. The first of the CF6-80C2s has already been received in Hannover.
Launched 11 years ago, Gemini Air Cargo has a fleet of DC-10s and MD11s in all-cargo configuration, leasing them to numerous major airlines across the world. It expects to expand its present, 11-aircraft fleet in the coming years.
During the signing ceremony, Gemini Air Cargo CFO, Lawrence Kahn, noted: "It was MTU Maintenance Hannover's service package, in conjunction with fair prices and the proverbial outstanding reliability and workmanship of the German company, that clinched the deal."
MTU Maintenance Hannover president and CEO, Ferdinand Exler, emphasised the significance the North American market had for his company: "Winning this further important US customer bolsters our position in a part of the world that, alongside Asia, represents our major regional market." Exler went on to say that the agreement helped secure jobs in Hannover long-term, these jobs being largely tied to the company's global activities.
For more information on this company:
MTU Maintenance Hannover - Maintenance, Repair and Overhaul (MRO) of Commercial Aircraft Engines, Marine and Industrial Gas Turbines
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