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Latest Press Releases

IAE International Aero Engines AG (IAE) announced it has successfully tested the V2500 engine with 100% sustainable aviation fuel (SAF) at MTU Maintenance Hannover, Germany. 

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MTU Maintenance has appointed Mohammad Alamoush as Director of Leasing and Asset Management at the company’s representative office in Dubai, in a an effort to further diversify the network’s services in the Middle East region.

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MTU Aero Engines AG has published its preliminary figures for 2023. The figures were affected, in particular, by the Geared Turbofan fleet management plan, which has been eliminated as a one-time special item to enhance comparability. In 2023, MTU generated adjusted revenue of €6.3 billion, an in-crease of 19% compared with 2022 (2022: €5.3 billion). Adjusted EBIT increased by 25% from €655 million to €818 million in 2023. The adjusted EBIT margin rose from 12.3% in 2022 to 12.9% in 2023. Adjusted net income was 25% higher at €594 million (2022: €476 million). The Geared Turbofan fleet management plan had an impact of around €1 billion on the reported figures. Consequently, in 2023 MTU generated reported revenue of €5.4 billion, reported EBIT of €-161 million and a reported net loss of €97 million. 
 

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At its meeting today, the MTU Aero Engines AG Executive Board decided to propose a dividend of €2.00 per share for the 2023 financial year.

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The new Clean Aviation technology program, HEROPS (Hydrogen-Electric Zero Emission Propulsion System), was launched in mid-January. Some 30 representatives of the participating partners in the fields of industry, research, and science came to Munich for the kickoff event at MTU Aero Engines.

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