Airbus has announced that Lars Wagner, currently Chief Executive Officer of MTU Aero Engines AG, will succeed Christian Scherer as CEO of its Commercial Aircraft business, effective January 1, 2026. Wagner will also join the Airbus Executive Committee as part of this transition. To ensure continuity and a seamless handover, Wagner will join Airbus in […]
Lars Wagner to become CEO of Airbus Commercial Aircraft in 2026 Read More »
Safran Helicopter Engines, MTU Aero Engines and Avio Aero have officially joined forces to develop the European next-generation helicopter engine (ENGHE), marking a significant step toward strengthening Europe’s defence sovereignty. A long-term partnership agreement was signed at the Paris Air Show, formalising the collaboration of these three leading aerospace firms in creating a 100% European
European aerospace trio forge alliance for future military helicopter engine Read More »
Pratt & Whitney, an RTX business, is significantly expanding its global GTF engine maintenance, repair and overhaul (MRO) network through new and extended partnerships with Sanad Group, MTU Aero Engines (MTU) and Delta TechOps. Sanad Group—wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC—will become the first GTF MRO network member in South
Pratt & Whitney boosts global GTF MRO capacity with key partnerships Read More »
MTU Aero Engines AG has appointed Katja Garcia Vila as its new Chief Financial Officer, succeeding Peter Kameritsch. Vila, who brings 27 years of experience from Continental AG, including a tenure as CFO (2021–2024), will officially join MTU on April 1, 2025, with the transition completing on July 1, 2025. Outgoing CFO Peter Kameritsch, a
Katja Garcia Vila appointed CFO of MTU Aero Engines Read More »
Dr Johannes Bussmann has been appointed as the next CEO of MTU Aero Engines AG. The decision was unanimously made by the supervisory board of the DAX-listed company during an extraordinary meeting held on December 17. Bussmann’s contract will have a term of five years. Bussmann is expected to assume his new role during 2025.
Dr Johannes Bussmann to succeed Lars Wagner as CEO of MTU Read More »
MTU Aero Engines (MTU) has announced that it is assuming ownership of 3D.aero, a Hamburg-based specialist in automation and measurement technology. With a team of around 40 experts, 3D.aero focuses on high-precision surface inspection, painting automation, and system engineering for aviation. MTU has collaborated with 3D.aero on various projects in recent years, integrating innovative technologies
MTU Aero Engines assumes ownership of 3D.aero Read More »
MTU Aero Engines AG has forecast continued growth and improved earnings for 2025, expecting revenues between €8.3 and €8.5 billion. Adjusted EBIT is projected to rise in the low-to-mid teens percentage range, with adjusted net income expected to grow in line with EBIT. Free cash flow is anticipated to remain in the low triple-digit million-euro
MTU Aero Engines projects profitable growth for 2025 Read More »
MTU Aero Engines AG has revised its earnings outlook for 2024, now expecting an adjusted EBIT of slightly over €1 billion. Previously, the company had forecasted adjusted EBIT between €950 million and €980 million. This improved outlook is based on strong performance across all business segments despite ongoing market challenges. Preliminary figures for the first
MTU Aero Engines raises 2024 earnings forecast Read More »
SkySelect has announced a successful partnership with MTU Maintenance, the MRO division of MTU Aero Engines, to modernise and optimise their engine parts sourcing processes. This collaboration marks a key step in the digital transformation of MTU Maintenance, specialising in aero engine maintenance, repair, and overhaul (MRO). With operations spanning Europe, Asia, and the Americas,
MTU Maintenance enhances engine parts sourcing with SkySelect Read More »
Safran Helicopter Engines and MTU Aero Engines have signed a cooperation agreement to create a 50/50 joint venture named EURA (derived from the European military rotorcraft engine alliance). This newly formed company will be the core of a larger programme that will collaborate with industrial and technological partners from several other European nations. With the
Safran and MTU establish EURA joint venture for military helicopter engines Read More »
