Press Archive 2008
MTU Aero Engines to cut costs: 50 million euros annually
Munich, September 26, 2008 – MTU Aero Engines has launched a new cost-reduction initiative intended to save 50 million euros annually, the bulk of it already in 2010. This follows from an announcement MTU CEO Egon Behle made at today's Analyst and Investor Day the company held in Munich. Behle reaffirmed the company's 2008 forecast and expects MTU to remain on its profitable growth track even in a troubled market environment.