Commercial OEM and Spare-parts Business
As part of its commercial activities, MTU Aero Engines designs, develops and manufactures engine modules and components. Its technological expertise in the field of low-pressure turbines and high-pressure compressors have made MTU a leading manufacturer of subsystems and components in the global engine business. Other players in this market, which is characterized by high market-entry barriers, are the Original Equipment Manufacturers (OEMs) and the component suppliers.
With its products, MTU has content on engines in all thrust and power categories, from powerplants for small business jets to the world's most powerful jetliners. The engine programs that currently yield the highest sales are the V2500, which powers the Airbus A320 family of aircraft, the GP7000 (A380), the GENX (B787 / 747-8), as well as the PW2000 and CF6-80 for medium- and long-haul airlines.
The company is a risk-and-revenue-sharing partner in the major commercial engine programs. Under the partnership arrangements, MTU assumes full development and production responsibility for the components and modules forming part of its work share. Typically, the program work share amounts to 10 to 20%, depending on the valuation of the module. MTU shares pro-rata in the revenues, in accordance with its work share. Its cooperation partners are the world's big-league players in the engine industry - Pratt & Whitney, GE, and Rolls-Royce.
To gird for the future, MTU has taken stakes in a number of significant engine programs and is well positioned in the marketplace. Among these future programs are the GP7000 for the Airbus A380 mega-liner and the GEnx engine to power the Boeing 787 Dreamliner and Boeing 747-8 long-range wide-body airliner. The advanced geared turbofan™ technology is applied in Pratt & Whitney's PurePower® engine family. To date, four major aircraft manufacturers have selected the GTFTM Engines to power their latest aircraft. Airbus is offering the GTF Engines for the A320neo and the A220. Mitsubishi has chosen the propulsion system as the sole engine choice for its MRJ regional jet. Irkut will equip its MC-21 with the engine. Last, but not least, Embraer has opted for the GTF Engines as the exclusive powerplant for its second-generation E-Jets.