MTU, Sumitomo Embark On New JVs

MTU Maintenance and Japan-based Sumitomo have created two new joint venture companies to help expand their business with the leasing of commercial aircraft engines. MTU Maintenance Lease Services - an 80:20 joint venture between MTU and Sumitomo - is based in Amsterdam and will provide airlines, MROs and lessors with short- and medium-term lease solutions. Sumisho Aero Engine Lease - a 90:10 joint venture between Sumitomo and MTU Aero Engines - will focus on long-term lease solutions for its customers.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.