Latest Press Releases
27.07.2010
Positive first-half-year business results – MTU Aero Engines lifts forecast
Munich, July 27, 2010 – MTU Aero Engines Holding AG has posted successful results for the first six months of 2010, with revenues amounting to € 1,348.8 million, compared with first-half-year revenues of € 1,376.0 million in 2009. Operating profit1 has improved by 5% to € 144.1 million (1-6/09: € 137.1 million). At 10.7%, the EBIT margin is 0.7 percentage points higher than the figure for the equivalent period one year earlier. Net income increased by 9% from € 55.7 million in the first six months of 2009 to € 60.6 million. The net income figure reflects the lower financial result attributable to currency translation differences at the reporting date.
read more
26.07.2010
MTU Maintenance adds GE90-110B and -115B engines to its portfolio
Hannover, Germany, July 26, 2010 – MTU Maintenance Hannover has expanded its repair capabilities by including GE’s GE90-110B and -115B engines in its portfolio. Dr. Stefan Weingartner, President and CEO Commercial Maintenance at MTU Aero Engines, said: "With the addition of these propulsion systems for wide-body aircraft, which are sold successfully across the globe, we are broadening our Hannover-based facility's range of products and services."
read more
22.07.2010
Farnborough Airshow: MTU benefits from V2500 orders
Farnborough, July 22, 2010 – This year's international airshow in Farnborough near London opened with excellent news for the entire aviation industry. A number of profitable deals were announced on the very first trade days of the event in Great Britain. MTU Aero Engines, too, will benefit from numerous orders coming in: The three carriers China Southern Airlines, Yemen Airways (Yemenia) and Vietnam Airlines have selected the V2500 to power their A320-family aircraft, with some of the contracts including long-term aftermarket services agreements. Germany's leading engine manufacturer has an approximate 11-percent stake in the IAE engine. Counting in the engine maintenance business, its share in the new orders is worth the equivalent of about 120 million euros in sales.
read more
Print