Aero-Engines Europe Speaker Interview: Les Cronin, MTU Maintenance
To preview Aero-Engines Europe 2016, we've asked some of our speakers to give their thoughts on the industry and what they are looking forward to discussing. Les Cronin, Head (VP) of Global Engine Leasing at MTU Maintenance Lease Service (MTU MLS), talks about his input at this year's event.
Q. Could you provide a short outline of your company?
MTU MLS is a Joint venture with Sumisho and we specialize in providing MRO and Non MRO Customers with leased engine support, Mature engine solutions and Asset Management Services.
Q. You will be speaking at this year’s conference, can you provide some details about what your main focus will be?
My main focus is the changing dynamics of Engine Leasing Market and the growing demand for non-conventional lease support services which we have successfully combined via our extensive MRO Network and experience.
Q. What would you say are the main challenges in the aftermarket at the moment?
Risk Mitigation and Asset Value Retention and realization.
Q. The positive is occasionally lost when we discuss the aftermarket, what would you consider the positives/the drivers in the industry?
Vertical Integration / Increased Demand for alternative solutions from Airlines, Lessors and Owners.
Q. What are the key messages you would like people to take away from your contribution to this year’s conference?
That alternative solutions are available via MTU and Airlines, Lessors and Owners need to have choices.
Les Cronin will be speaking on Thursday, September 15 at 9:30 am - 10:30 during the panel discussion: Engine Lease Trends – How do Leasing Market Trends and Dynamics Impact on the Aftermarket?