MTU reports strong 2016 Farnborough International Airshow results

This year’s Farnborough International Airshow was a big success for MTU Aero Engines: Germany’s leading engine manufacturer racked up orders worth around one billion euros (approx. US$1.1bn), with the PW1000G family of geared turbofan (GTF) engines doing particularly well. “The geared turbofan technology continues to be in very high demand among airlines,” says MTU Chief Executive Officer Reiner Winkler. “For MTU, the GTF will be the most important propulsion concept of the future. With our high market share in programs for short- and medium-range aircraft as well as regional and business jets, we also stand to benefit from the aftermarket business in future,” Winkler continues to explain. The total volume of orders for engines in which MTU has a stake also includes propulsion systems for long-haul airplanes.