Press Archive 2008
MTU Aero Engines takes 15 percent role in Pratt & Whitney’s next-generation engine programs
Berlin, May 27, 2008 – MTU Aero Engines has secured a 15 percent stake each in the new PW810 and the Geared TurbofanTM engine for the Mitsubishi Regional Jet. MTU CEO Egon Behle announced the deal in Berlin on Tuesday, May 27, the first day of the ILA International Aerospace Exhibition. Both engines are predicted to come with a substantial market potential. "We expect sales over the whole program life valued at up to about five billion euros to MTU for either model," Behle said at a joint press briefing with Pratt & Whitney. The contracts have already been signed.