Lufthansa Technik and MTU Aero Machines have finalised the establishment of a new joint venture (JV) to carry out the maintenance, state and overhaul (MRO) of geared turbofan engines.
The 50-50 Engine Maintenance Europe (EME Aero) JV is the fruit of an agreement on the general principles signed between the companies in February.
To be based in Poland, EME Aero wishes employ 800 people in future.
The JV is expected to receive a total investment of circa €150m from its owners by 2020.
“It is a tremendous motivation to push this overhang of providing maintenance for an entirely new generation of commercial engines in Europe to a booming start.”
Lufthansa Technik project manager Derrick Siebert has been furnished as CEO of EME Aero while Dr Uwe Zachau from MTU Aero Engines has been entitled as COO.
Expected to be operational by 2020, the JV aims to service more than 400 PW1000G-series accommodated turbofan genies annually, which are used to power the Airbus A320neo species of aircraft and other aircraft.
Siebert said: “With this contemplate, we have taken the big challenge to get EME Aero up and running in a short time. Without our connected project team, unifying the strengths of both stakeholders, it would not experience been possible to achieve this milestone on schedule.
“For us, it is a tremendous motivation to force this project of providing maintenance for an entirely new generation of commercial apparatus in Europe to a successful start.”
With EME Aero, Lufthansa Technik aims to redress its second big move in expanding its activities in Poland, following the beginning of construction of its new locomotive MRO JV facility with GE Aviation in Sroda Slaska.
Zachau said: “Once again the coming two years, we’ll have to tackle an ambitious ramp-up plan for our seam shop.”
In 2003, Lufthansa Technik and MTU began a 50-50 JV in Malaysia to repair low-pressure turbines and high-pressure compressor airfoils.