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Today, the CEO of MTU Aero Engines AG, Lars Wagner (49), informed the Supervisory Board of his decision not to extend his contract, which is set to conclude on December 31, 2025. He will take on a new professional role outside of the company starting 2026. The Chairman of the Supervisory Board, Gordon Riske, has accepted his decision with great regret.

MTU Maintenance Lease Services B.V. (MLS) strengthens its logistics network with the launch of a warehouse for engine spare parts at the MTU Maintenance Dallas facility in Fort Worth. This addition aims to increase availability of new and serviceable engine parts for maintenance customers as well as dispatch speed.

MTU Aero Engines AG increased its adjusted revenue and earnings figures across the board in the first nine months of 2024. Adjusted revenue grew by 14% from €4.6 billion to €5.3 billion. The adjusted operating profit rose by 25% to €744 million (1-9/2023: €597 million), and the adjusted EBIT margin increased from 12.8% to 14.0%. Adjusted net income rose to €541 million, an increase of 23% (1-9/2023: €438 million). 

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Based on preliminary figures for the first nine months of 2024, MTU Aero Engines AG is raising its earnings guidance for the financial year 2024: the company is forecasting an adjusted EBIT of slightly over one billion euros. Until now, MTU expected an adjusted EBIT of between 0.95 and 0.98 billion euros. This adjustment is based on strong development in all business areas in a continually challeng-ing market environment.

MTU Aero Engines has reached an important milestone on its path to zero-emission flight—it successfully completed multi-week testing of a liquid hydrogen fuel system for its Flying Fuel Cell™ (FFC). 

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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.