
Snapshot
| Key People: | Egon Behle | |
| Website: | www.mtu.de/en | |
| Quick Links: | CAPA Hot Issues: Aerospace and Manufacturing MRO MTU Maintenance | |
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MTU Aero Engines is a diversified producer of commercial and military aviation engines, and manufacturer of other power and propulsion systems, as well as a global engine maintenance provider. Based in Munich, Germany, the company is involved in numerous research and production joint ventures for aviation engines. It has strong business ties to most other major engine makers, including General Electric, Rolls-Royce, Pratt & Whitney, Japanese Aero Engines Corporation, Snecma, Avio and Turbomeca.
MTU is a JV partner in International Aero Engines, producer of the successful V2500 engine, one of two engines available for the A320 family. MTU controls 12%, along with Rolls-Royce (32.5%), Pratt & Whitney (32.5%) and Japanese Aero Engines Corporation (23%). Other JV projects include EuroJet Turbo (with Rolls-Royce, Avio & ITP), Turbo-Union (with Rolls-Royce & Avio), EuroProp International (with Rolls-Royce, Snecma and ITP) and MTU/MTRI (with Turbomeca and Rolls-Royce and Turbomeca, Rolls-Royce and ITP, respectively).
Annual revenues are excess of EUR2.7 billion p/a, with more than 7,600 staff located in Munich, Berlin, Hannover, Kuala Lumpur, Zhuhai, Vancouver and Connecticut. Other affiliated companies are spread around the globe, including units in Poland, France, the Netherlands and the US.
Established as a joint venture between M.A.N. Turbo and Daimler-Benz in 1969, the company traces its lineage back through to one of aviation’s most famous engine makers, BMW Flugmotorenbau (founded in 1934). MTU Aero Engines has progressed through various owners, including Daimler, DaimlerChrysler and Kohlberg Kravis Roberts & Co. 94.1% of the company is publicly traded, after it was listed in Germany in 2005.
News Headlines

MTU Aero Engines CEO, Egon Behle
MTU Aero Engines and Sagem (Safran group) sign MoU to form JV
MTU Aero Engines considering another bid for Volvo Aero
American Airlines chooses A319 and A321 variants as part of fleet transformation plan
MTU Aero Engines launches sales office in South Korea
MTU picks up orders for more than 240 engines at Dubai Airshow
Dubai Airshow: Air China finalises GEnx-2B engine purchase
MTU Aero Engines net income up 17.2% in 3Q2011
Fitch Ratings: No rating impact on Rolls-Royce or MTU Aero Engines from IAE adjustments
Rolls-Royce and Pratt & Whitney announce new partnership to develop next generation engines
MTU submitted preliminary bid for Avio: report
MTU Aero Engines takes 18% share in PW1100G-JM engine programme
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Share Market Performance
Embraer to produce legacy jets in China, but no decision on E-jets
Boeing begins B787 modification process
US International Trade Commission gets involved in Rolls-Royce/Pratt & Whitney patent dispute
Aircastle shares dip with dividend announcement, GKN and Safran also down – Suppliers Share Wrap
Bombardier shares down 2.6% as company reports difficult quarter – Suppliers Share Wrap
Raytheon raises outlook, but shares hit hard – Suppliers Share Wrap
Safran shares jump on solid third quarter result, Boeing gets 50 orders – Suppliers Share Wrap
Embraer shares slip on weak 3Q2010 deliveries – Suppliers Share Wrap
Pratt & Whitney hits back at Rolls-Royce in engine patent dispute – Suppliers Share Wrap
MTU Aero Engines shares upgraded; Aircastle expected to report profit of USD0.25/share
Airbus parent ends Farnborough week on a high, Boeing also stronger
Older articles >>



