Germany's MTU Aero Engines has earned a rating upgrade thanks to a strong position on new engine platforms, booming services business and financial discipline.
MTU Aero Engines pointed to improvements in the GTF engine situation and in the broader supply chain, confirming its recently hiked outlook for the full year.
MTU Aero Engines expects its aftermarket business to double by 2030 as its primary revenue driver shifts from legacy IAE V2500 work to the surging PW1000G fleet
EURA—made up of MTU Aero Engines, Safran Helicopter Engines and Avio Aero—is planning tests of a demonstrator power and propulsion system in the early 2030s.
Italy’s Avio Aero has joined a growing European industry effort to develop a new helicopter engine with more than 300 shp for next-gen military rotorcraft.
MTU Aero Engines is working on re-arranging logistics flows between its existing facilities and with partners to minimize the impact of U.S.-imposed tariffs.
MTU's CEO says his company and partner Pratt & Whitney plan to develop a ducted second-generation of the GTF for the next Airbus and Boeing narrowbodies.
