MTU to expand its presence in China
MTU Aero Engines is stepping up its activities in China and will be cooperating with Chinese engine manufacturer AVIC Commercial Aircraft Engine Co. Ltd. (ACAE).
In a first step, ACAE and MTU will conduct a joint study to explore options of building a domestic aircraft engine industry in China. The study aims to evaluate what structure a local engine company should adopt to be viable and what technologies will be needed for emerging engines to be successful in the Chinese market.
"This way, we will be contributing our engine business expertise and know-how, which we've accumulated over many decades, at a very early stage," said Egon Behle, MTU CEO, on the occasion of the signing of a Memorandum of Understanding in Beijing. "Our objective is to further solidify and enhance our position in the Chinese engine industry." The services to be provided by MTU will be coordinated by an office that Germany's leading engine manufacturer has recently opened in Shanghai.