IR-News details

Munich, July 22, 2022 – The Farnborough International Airshow really paid off for MTU Aero Engines. Germany’s leading engine manufacturer brought in orders totaling to nearly 600 million US dollars. “This amount underscores once again how much our industry is recovering. Airlines have great demand for state-of-the-art aircraft with propulsion systems with good fuel efficiency,” says Reiner Winkler, CEO of MTU Aero Engines AG.

New orders for the geared turbofan (GTF) make up the lion’s share of the orders from the trade fair. Air Lease Corporation will equip 80 A320neo aircraft with GTF engines. The GTF will also be used in the lessor’s 76 newly ordered A220 planes. Delta Air Lines has also opted for the A220 with PW1500G engines and has ordered twelve such aircraft. Porter Airlines placed an order with Embraer for 20 E195-E2 with PW1900G engines. MTU is also benefiting from a Boeing 777X order: All Nippon Airlines has ordered two freighters with GE9X engines. Lufthansa will now equip its recently ordered Boeing 777-8 freighter aircraft with 14 GE9X engines.

MTU accounts for between 15 and 18 percent of the geared turbofan engines. The company supplies key components such as the high-speed low-pressure turbine or various stages of the high-pressure compressor for the geared turbofan and is responsible for final assembly of one-third of all PW1100G-JM series-produced engines for the A320neo. MTU has a program share of four percent in the GE9X engine used in the Boeing 777X and is responsible for the turbine center frame.