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Latest Press Releases

Photos of the signing ceremony of EURA the MTU/SAFRON project on June 25, 2024 in the French Embassy Berlin by Reinhardt & Sommer

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.

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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.

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

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Berlin, June 6, 2024 – Zero emissions are the major goal of commercial aviation as well as the vision of MTU Aero Engines. With its Flying Fuel Cell™ (FFC), Germany’s leading engine manufacturer is steadily advancing the complete electrification of the powertrain, leaping from one milestone to the next. A test campaign of the tank system was successfully completed at MT Aerospace, while in Munich test cells are being built for the revolutionary drive technology in the Flying Fuel Cell, which will be further developed as part of the HEROPS EU research project.

 

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Berlin, Germany, June 5, 2024 – EMVAL and the two-shaft compressor rig – those are the two Clean Sky 2 demonstrators of MTU Aero Engines. Together with its strategic cooperation partners GKN Aerospace Sweden and the German Aerospace Center (DLR = Deutsches Zentrum für Luft- und Raumfahrt), Germany’s leading engine manufacturer has further developed the low-pressure turbine (LPT) and high-pressure compressor (HPC) components as part of the Clean Sky 2 research program, and validated the new technologies. Now they will feed into the next generation of geared turbofan engines.

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Tajęcina, June 4th 2024 – MTU Aero Engines Polska, an MTU subsidiary contributing to MTU’s leading role as an engine manufacturer, celebrates the 15th anniversary of opening its site near Rzeszów. Since the beginning of operations, the company has dynamically expanded its activity, becoming one of the leading manufacturers of aircraft components in Poland. Currently, it employs over 1,200 people.

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Munich, May 22, 2024 – “90 years and beyond – Passion for engines”: In its anniversary year, too, MTU Aero Engines will be attending ILA Berlin from June 5 to 9 to show off what has made it world-famous for decades – innovative commercial and military engine technologies for today, tomorrow, and beyond.

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MTU Aero Engines AG reaffirms its commitment to a more sustainable future for aviation at a time characterized by uncertainties and challenges. The Sustainability Report for the 2023 financial year – available online at https://sustainability.mtu.de/en/ – documents this comprehensively. It focuses on the six action areas of MTU’s sustainability strategy: product, production & maintenance, corporate governance, employees, procurement and society.

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MTU Aero Engines AG generated adjusted revenue of €1.67 billion in the first quarter of 2024, an increase of 8% compared with the first quarter of 2023 (1-3/2023: €1.54 billion). Adjusted EBIT was €218 million, compared with €212 million in the prior-year period. The adjusted EBIT margin was 13.0% (1-3/2023: 13.7%). Adjusted net income was €158 million, which was in line with the previous year (1-3/2023: €157 million).

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MTU Aero Engines AG has successfully placed a €300 million promissory note (Schuldschein). “We are delighted by the strong interest shown by investors. The offer was two-and-a-half times oversubscribed,” reports CFO Peter Kameritsch. In view of the high demand, the original issue volume was increased from €200 million to €300 million. 

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