The leasing and asset management arm of MTU Maintenance disclosed May 13 its investment in engine lifecycle management startup TRecs as part of its efforts to further digitalize engine transitions.
Amsterdam-based MTU Maintenance Lease Services (ML) has taken a minority stake in TRecs, which has a platform that digitalizes lifecycle management functions, ranging from initial technical review through engine transitions, shop visits and lease returns.
MTU MLS has deployed the AI-driven platform, which is designed specifically for leasing and asset management customers, across its workflows. It covers eight commercial engine families in total: the CFM International CFM56 and Leap; IAE V2500; Pratt & Whitney PW1100G, GE Aerospace-manufactured GEnx, CF34 and GE90; and Rolls-Royce Trent engines.
TRecs, founded in 2025 and based in Dubai, is onboarding launch partners through 2026. The company said this will be a group of engine lessors "managing significant portfolios and want a modern operating system for the lifecycle." It expects to make further announcements in the coming months.
The platform aims to replace spreadsheets and email-based workflows with a structured, auditable environment. TRecs is targeting lessors, MROs, banks, financial stakeholders and airlines to track, resolve and document open items in real time with the aim of reducing time on every engine.
“Our investment in TRecs reflects our belief that further digitalizing our engine transitions is key in reducing complexity for lessors and customers alike,” said Remko Bruinsma, managing director at MTU MLS, which specializes in short- and medium-term engine leasing, along with asset management services.
Meanwhile, the co-founders of TRecs say having MLS come on board not just as a user but as an investor is a powerful endorsement of the platform. “It validates what we've been building—a digital standard for engine transitions that serves the entire leasing industry,” said Philipp Mintchin, TRecs' co-founder & co-CEO. “Having a shareholder of their caliber alongside us as we scale is exactly the partner profile we've been working toward.”
“Regulation in aviation is essential, but operational standards are typically set through adoption first, and codified afterwards,” added Marc Pronilow, TRecs' other co-founder & co-CEO.
Neither party disclosed terms of the transaction.
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