Iberia Launches Engine Maintenance Business

Iberia Maintenance is building on strong momentum for its engine capabilities by launching IAG Engine Tech (IAG ET), a dedicated engine MRO business.

Based in Iberia’s engine maintenance facilities at La Munoza aviation hub in Madrid, IAG ET will be led by new CEO Max Schramm, who most recently ran Lufthansa Technik Canada.

One of his main responsibilities will be to develop La Munoza as a strategic hub for CFM Leap services in Europe, following Iberia Maintenance being awarded CFM Leap Premier MRO licenses for -1A and -1B engines earlier this year.

At the time, Iberia CEO Marco Sansavini said that the investment in Leap capabilities was part of the airline’s long-term plan.

“In the current context of high macroeconomic and geopolitical volatility, long-term investments such as this—part of our Flight Plan 2030—enable us to advance Iberia’s transformation, strengthening profitability, cost efficiency and operational resilience and better preparing us for future challenges,” he said.

Also helping to drive efficiencies is the development across the group of a new AI engine maintenance tool to improve fleet and maintenance planning.

IAG ET will service airlines within the IAG Group as well as third-party customers. The first Leap shop visits are scheduled to begin during the first quarter of 2027.

For 2025, IAG reported that third-party engine maintenance customers helped drive MRO revenue up by €225 million from the previous year, to €1.05 billion ($1.2 billion).

Its maintenance revenue then declined slightly in Q1 2026, although this was down to OEMs billing certain components directly to the airline, rather than the costs being reflected in Iberia’s MRO contracts.