MTU buys majority share in Retan Aerospace

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Germany's MTU Aero Engines has taken a 75% stake in Dallas-based engine and airframe maintenance provider Retan Aerospace.

The FAA/EASA-approved repair station provides on-wing engine maintenance for General Electric CF6, CF34, GE90, CFM International CFM56, International Aero Engines V2500, Pratt & Whitney JT8D, PW2000, PW4000 and Rolls-Royce RB211 powerplants.

Airframe MRO is offered up to C check level for a range of large and regional aircraft, including the Airbus A320-family, Boeing models up to the 767 as well as the Bombardier CRJ series.

Powerplant support is the main focus of the acquisition, said MTU. The Munich-headquartered engine subassembly manufacturer and MRO company wants to build up its on-wing maintenance business in North America and extend its network in the region.

Whether this will be done through Retan Aerospace alone or in partnership with other MRO companies has not yet been decided, said a MTU spokesman.

MTU is a partner in International Aero Engines.