MTU Maintenance signs one of its “biggest contracts ever” with JetBlue Airways on V2500 engines
JetBlue Airways signed an exclusive 13-year MRO contract for the V2500 with the German engine manufacturer MTU.
“We are proud to have signed one of our biggest contracts ever and to be supporting JetBlue with their V2500 pre-select engines”, states Chief Program Officer at MTU Aero Engines, Michael Schreyögg. MTU Maintenance — a group member of MTU Aero Engines — has just entered into a contract for MRO services for the U.S. low-cost airline JetBlue Airways’s fleet powered by V2500 engines. The contract spreads over a 13-year period from 2020 to 2033. This contract takes MTU Maintenance’s total contract winnings to $4.5 billion for the first seven months of 2019.
The agreement incorporates numerous elements of MTU Maintenance’s SAVEPlus offering. “Our fleet management expertise will enable us to provide cost-efficient solutions for JetBlue right up to fleet retirement,” adds Michael Schreyögg.
The V2500 engine is currently serviced at three MTU facilities located in Hannover, Germany, in Zhuhai, China and in Vancouver, Canada. A useful worldwide presence for the U.S. low-cost airline already serving several regions of the American continent and planning to further expand its routes this time toward Europe by 2021. Warren Christie, Senior Vice President Safety Security and Fleet Operations at JetBlue Airways says: “Our partnership dates back to 2005 when we began relying on MTU for their engine expertise and customized MRO solutions. We look forward to adding a new chapter to our strong partnership for the next decade and beyond.”