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MTU Aero Engines AG grew adjusted revenue  by 10% from €3.1 billion to €3.4 billion in the first half of 2024. Adjusted EBIT rose 16% to €470 million (1-6/2023: €405 million) and the adjusted EBIT margin increased from 13.0% to 13.7%. Adjusted net income was 14% higher at €342 million, compared with €300 million in the first half of 2023.

This year's Farnborough Airshow was a resounding success for MTU Aero Engines: The company benefits from around 800 million U.S. dollars in orders placed at the air show. Pratt & Whitney’s GTF engine family, in particular engines powering the A320neo, and the GE9X for the Boeing 777X proved particularly popular. “The high order value demonstrates once again that aviation is a growing market and MTU participates in the right, future-oriented engine programs,” says Lars Wagner, CEO of MTU Aero Engines AG. “We are well represented in both the narrowbody and widebody segments.”

At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines have agreed on the next phase of the collaboration agreement signed at Paris Airshow 2023 to establish a smart and standardized thermal spray factory of the future. By leveraging this cutting-edge technology and integrating digital processes, the companies aim to achieve an unprecedented level of productivity, efficiency, quality and transparency throughout the entire production chain of aerospace components.

This year, engine manufacturer MTU Aero Engines is celebrating its 90th anniversary of the company. What began in Munich as a spin-off from BMW for the independent production of aircraft engines has long since developed into one of the key players in the global aviation industry. On this occasion, Bavaria's Minister President Dr. Markus Söder personally conveyed his congratulations.

It’s 34 meters tall, has a total usable area of 14,000 square meters, and contains 12,500 tons of concrete and structural steel: in early July, MTU Aero Engines officially inaugurated its new manufacturing hall in Munich. The production facility is the tallest building at the site, and it is exceptional not just because of its construction. “With this building, we are opening the world’s most modern, automated manufacturing hall for turbine disks,” explained COO Dr Silke Maurer during the opening ceremony, which included around 150 guests.

“90 years and beyond – Passion for engines”: Under this motto, MTU Aero Engines will once again be exhibiting at the Farnborough International Airshow. During this anniversary year, the company will be demonstrating their world-renowned, innovative commercial and military propulsion technologies and what has made them successful over the past decades. The engine experts can be found at their 130-square-meter booth in Hall 1, No 1215.

Safran Helicopter Engines and MTU Aero Engines have signed the cooperation agreement to create the 50/50 joint venture EURA (derived from EUropean Military Rotorcraft Engine Alliance). This newly-created company will form the core of a larger program, which will collaborate with industrial and technological partners from several other European nations. With the creation of EURA, the two companies are taking a further important step towards the joint development of a new 100% European engine for the next generation of European military helicopters.

Berlin, Germany, June 6, 2024 – MTU Aero Engines, Germany’s leading engine manufacturer, announced today at ILA Berlin a landmark partnership with VINATech Co. Ltd., a renowned expert in the field of catalyst coated membranes (CCMs) and membrane electrode assemblies (MEAs). The collaboration aims to push the boundaries of fuel cell technology, optimizing it for the unique demands of commercial flight.

MTU Maintenance Canada has completed the 1,500^th shop visit of its operational history, marking the occasion with the redelivery of a V2500-A5 engine operated by Spirit Airlines.