Press Archive 2009

Munich, November 27, 2009 – MTU Aero Engines is stepping up its activities in China and will be cooperating with Chinese engine manufacturer AVIC Commercial Aircraft Engine Co. Ltd. (ACAE). In a first step, ACAE and MTU will conduct a joint study to explore options of building a domestic aircraft engine industry in China. The study aims to evaluate what structure a local engine company should adopt to be viable and what technologies will be needed for emerging engines to be successful in the Chinese market.

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Munich, October 26, 2009 – MTU Aero Engines Holding AG generated stable revenues of €1,954.9 in the first nine months of 2009 (1-9/08: €1,982.9 million). The EBIT margin for this period came to 10.8%, based on an operating profit1 of €210.8 million (1-9/2008: €238.9 million). Net income to the end of September 2009 amounted to €93.4 million (1-9/2008: €118.6 million).

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Munich, October 21, 2009 – MTU Aero Engines benefits from a big Dreamliner contract: American Airlines will equip 42 Boeing 787s on firm order with GEnx engines and another 58 aircraft if they exercise the option they have reserved. In all, the complete deal would involve 220 engines. Germany's leading engine manufacturer develops and produces the turbine center frame for this GE engine. For the company the engine deliveries to American Airlines will translate into revenues of 70 million euros, with up to 80 million euros expected to come from the option orders.

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Munich, October 19, 2009 – Munich is accustomed to welcoming guests from all over the world, and it did so once again for one week from October 12 through 17 when about 120 quality experts from around the globe met in the city on the Isar River to discuss quality standards in aviation. The company chosen to organize this 26th Meeting of the International Aerospace Quality Group (IAQG) was MTU Aero Engines, Germany's leading engine manufacturer.

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Munich, Germany, October 5, 2009 – The U.S. Air Force (USAF) has awarded a team that includes MTU Maintenance a nine-year contract to provide Contractor Logistics Support (CLS) for its fleet of KC-10 Extender refueling tanker aircraft. MTU will provide engine depot maintenance, engineering, field service support and engine condition monitoring for the fleet of 204 CF6-50C2 engines flown by the USAF. Over the life of the agreement, MTU expects the deal to generate sales in the amount of more than 300 million euros ($500 million).

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Hannover, September 25, 2009 – Over the past few weeks, MTU Maintenance Hannover has succeeded in winning engine maintenance business worth a total of some 50 million euros. The contract with the biggest single order volume was awarded by Air New Zealand. Dr. Stefan Weingartner, President and CEO, Commercial Maintenance at MTU Aero Engines, commented: "This deal goes to show that you can score successes even amid difficult economic times if your offering is competitive in terms of quality and reliability."

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Hamburg, Germany, September 23, 2009 – For MTU Maintenance Berlin-Brandenburg, the CF34 engine has become an ongoing success story. The company has now renewed a license agreement with GE Aviation, an operating unit of General Electric (GE), for the maintenance, repair and overhaul of the CF34-3, -8 and -10 engine versions long before the contract period expired. The agreement, originally signed in 2002 for a term of ten years, is now set to run until 2022. Over the life of the agreement, MTU expects the deal to generate sales in the amount of more than 500 million euros.

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Munich, July 31, 2009 – MTU Aero Engines will benefit substantially from the contract for the Tranche 3A production order for the Eurofighter/Typhoon, which has now been concluded. Germany's leading engine manufacturer has a 30-percent workshare in the production of the EJ200 engine powering Europe's most powerful fighter aircraft. The first Tranche 3 contract is for 112 aircraft and 241 engines. MTU expects to reap about 250 million euros in revenues from the deal.

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Munich, July 28, 2009 – Where others may resort to virgin parts to replace worn or damaged ones, the specialists at MTU Aero Engines prefer to repair: Using innovative techniques and drawing on decades of expertise in the field, Germany's leading engine manufacturer restores even heavily worn components to as-good-as-new condition.

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Munich, July 23, 2009 – For the first six months of 2009, MTU Aero Engines Holding AG reports a 10% increase in revenues to €1,376.0 million (1-6/08: €1,256.1 million). Excluding the effect of the U.S. dollar exchange rate, revenues have remained almost stable (down 2%). New order intake increased by 17% to €1,304.9 million (1-6/08: €1,119.0 million). Operating profit1 for the six-month period amounted to €137.1 million (1-6/2008: €156.8 million).

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