Latest Press Releases

Latest Press Releases 2017

Munich / Rzeszów, December 14, 2016 – At its Investor and Analyst Day 2016, MTU Aero Engines AG detailed its outlook for the period to 2025. The company’s largest-ever investment phase will come to an end in 2017 with sustained profitable growth. In the consolidation phase from 2018 onward, adjusted EBIT is expected to grow faster than revenues, with net income increasing in line with adjusted EBIT.

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Ludwigsfelde (Germany), November 28, 2016 – MTU Maintenance, the world’s largest independent provider for aero engine solutions, and Spanish airline Air Europa have signed an exclusive seven year contract for the maintenance, repair and overhaul (MRO) of the airline’s CF34-10E engines. The contract between MTU Maintenance and Majorca-based Air Europa includes shop visits, on-site services and lease support as part of a customized solution tailored specifically to the airlines’ needs. The contract is valued at approximately USD 120 million and covers the 24 engines, including spares, used on the airline’s 11 E195 aircraft.

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Kuala Lumpur, November 14, 2016 – Airfoil Service Sdn. Bhd. (ASSB), a 50:50 joint venture between MTU Aero Engines AG and Lufthansa Technik AG, has reached the quarter of a cen-tury milestone. Created in November 1991, the company looks back on an impressive record of high-tech achievements and commitment to the local industry and region. ASSB was initial-ly a joint venture between MTU Maintenance (part of MTU Aero Engines) and Malaysian air-lines. In 2003, MTU Aero Engines and Lufthansa Technik teamed up and each took on a 50% stake in the company. Over the last 13 years of MTU and LHT collaboration, around 350 local jobs have been created. Furthermore, ASSB has invested USD 22 million in state of the art technology, machinery and improving the working environment for employees. These mile-stones and more were celebrated on Friday by staff and joint venture partners.

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Munich, November 7, 2016 – With effect from the beginning of November, Gerhard Bähr has been appointed Director of MTU Aero Engines AG’s Erding engine maintenance facility. Over the past eight years, Bähr held the position of Director with responsibility for the TP400-D6 and Tyne – the military engines powering the A400M and Transall airlifters, respectively - at MTU’s headquarters in Munich. He succeeds Josef Arlt, who has decided to leave the company.

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Zhuhai, November 4th, 2016 – MTU Maintenance Zhuhai, a 50/50 joint venture between Ger-many’s leading engine manufacturer MTU Aero Engines and China Southern Air Holding Compa-ny,  has completed its 2,000th engine shop visit, a V2500-A5 owned by China Southern Airlines. The achievement will be celebrated in a small ceremony with representatives from both joint partners as well as employees.

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Munich, October 27, 2016 – After 107 running hours, 500 test cycles and 30 starts on MTU Aero Engines’ development test stand, this much was clear: The SAGE 4 Clean Sky engine demonstrator has provided proof of the technological readiness of the project. MTU’s experts are extremely pleased with the result: “We’ve tested numerous new technologies, and many of them have been shown to be mature. Some of the hardware has reached the point of being ready to fly,” summarizes Dr. Jörg Henne, Senior Vice President Engineering and Technology at MTU. The sophisticated test program was developed and conducted at MTU.

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Munich, October 25, 2016 – In the first nine months of 2016, MTU Aero Engines AG saw its revenues increase by 4% to €3,401.3 million (1-9/2015: €3,257.0 million). The group’s operating profit increased by 18% to €393.8 million (1-9/2015: €333.1 million), improving the EBIT margin from 10.2% to 11.6%. Earnings after tax increased by 18% to €273.4 million (1-9/2015: €231.4 million).

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• Partners working on innovative solutions for next-generation propulsion systems

Munich, October 21, 2016 – With the PurePower® PW1000G geared turbofan (GTF) engine, Pratt & Whitney and MTU Aero Engines are building the engine for the future. The new technology cuts fuel burn and CO2 emissions by 16 percent and reduces noise footprint levels by 75 percent. But this is not where the research effort ends: Just recently, the LeiLa (Leiser Luftfahrtantrieb: quiet aircraft propulsion) project was successfully completed. The big players in the industry joined forces with partners from research and academe to develop innovative solutions already set to be incorporated into the next generation of engines – including the second-generation geared turbofan. The work was pursued under the LuFo Aeronautics Research Program funded by the German Federal Ministry of Economic Affairs and Energy, which has been supporting technology projects geared at reducing engine noise for years.

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Munich, October 20, 2016 – MTU Aero Engines has accomplished one of the most significant milestones in its corporate history: The company has delivered the first Pratt & Whitney PurePower® PW1100G-JM Geared Turbofan™ engine assembled on its own final assembly line to Airbus. Today, the new assembly line for the A320neo engine at the MTU headquarters in Munich was officially inaugurated by Ilse Aigner, Bavarian State Minister of Economic Affairs and Media, Energy and Technology. Klaus Roewe, Head of the A320 Family Programme, Airbus Group, the MTU executive board members Reiner Winkler, CEO and Dr. Rainer Martens, Chief Operating Officer as well as guests of politics, industry and science attended the ceremony. This marks the completion of the last pivotal stage in the ramp-up of the cutting-edge propulsion program at MTU Aero Engines.

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Ludwigsfelde, October18, 2016 – MTU Maintenance, one of the world’s leading providers of services for commercial aero engines, and their new customer Kenya Airways have concluded negotiations on the contract for the maintenance of the CF34-10E engines used on the airline’s Embraer 190 aircraft. MTU Maintenance has been chosen by Kenya Airways as one of its two contractors for the maintenance, repair and overhaul of the CF34-10E6 engines for a period of five years.

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