MTU Maintenance Zhuhai No 3. Facility Holds Opening Ceremony

July 15, 2010, MTU Maintenance Zhuhai Co. Ltd. at Zhuhai Free Trade Zone held a simple yet grant opening ceremony for its newly constructed No. 3 Facility. Being the first segment of phase II of a 60 million plus RMB investment project, MTU Zhuhai No. 3 Facility has a 3680 square meters construction area, which is mainly used for expanding the storage space and providing a more independent and comfortable environment for clients’ on-site works. Besides, on October 21, 2009, MTU Zhuhai and GE signed a cooperation agreement to have 500 square meters of the No. 3 Facility set as GE’s solely AOG aviation materials warehouse in China, and it will become effective as No. 3 Facility is open for business. After that, GE will store in the warehouse the first batch of assembly units of CFM56, CF34-10A, GEnx engines in MTU Zhuhai’s No. 3 Facility where they will be managed continuously by MTU Zhuhai on a 24 hr/7 day basis. MTU Zhuhai hopes to gain cooperation with GE on consignment of aviation materials so that it can control effectively the maintenance period as well as the cost. Simultaneously, the segment II of MTU Zhuhai’s phase II expansion construction project, that is to expand the current main maintenance facility eastward 5780 square meters, has also finished its internal planning and environmental evaluation, signed a design contract with Beijing Aviation Design Institute, and currently at the documents reporting stage. Until the segment II project completes in 2012, the whole phase II construction finish, MTU Zhuhai’s production capacity will have a big increase to better satisfy the demand of its business development from the current annual maintenance of 200 aviation engines to about 300 annually. MTU Zhuhai had repaired and maintained 154 aviation engines in 2009 with the earnings of 2.42 billion Yuan. It has received 78 engines for repair and maintenance during the first half year, and the 2010 projected maintenance volume will be even as last year’s.