EVENDALE, OH -- MTU Maintenance signed an agreement for an eight-year GE Branded Service Agreement ('GBSA') extension for CF34 engines with GE Aviation.

The GBSA enables MTU to continue serving as an authorized service provider through 2030 for CF34-3, CF34-8C, CF34-8E, and CF34-10E engines and perform OEM maintenance, overhaul workscoping, and component repairs as well as provide comprehensive materials support.

'We are delighted to continue our established partnership with GE Aviation with this CF34 licensing agreement,' said Andre Sinanian, Managing Director and Senior Vice President MTU Maintenance Berlin-Brandenburg. 'We recently celebrated the redelivery of our 500th CF34-10E and have carried out 1,400 shop visits and several hundred on-site events for the entire engine family since 2003. Regional engines such as the CF34 will play an important role in the industry recovery post COVID-19, and we look forward to supporting operators with the excellent technical expertise and cost-effective MRO solutions they have come to expect from MTU.'

'Since 2002, MTU has been a close partner with GE in the CF34 MRO network. With more than 4,000 CF34 engines in service, GE is very pleased to extend this critical partnership for the long-term strength of the program,' said Cristina Seda-Hoelle, General Manager of GE Aviation's Regional and Business Aviation Engines and Services.

About MTU

MTU Maintenance Berlin-Brandenburg is a 100 percent subsidiary of MTU Aero Engines AG, Germany's leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, manufacturing and marketing of high-tech components together with international partners. Some 30 percent of today's active aircraft in service worldwide have MTU components on board. In the commercial maintenance sector, the company ranks among the top three service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country's military. MTU operates a network of locations around the globe with Munich serving as home to its corporate headquarters. In fiscal 2020, the company had a workforce of around 10,000 employees and posted consolidated sales of almost 4 billion euros.

About GE Aviation

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world's Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive.

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