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MTU Farnborough Airshow Results: Orders Worth 1.3 Billion Euros

Issue 55

For MTU Aero Engines, this year’s Farnborough International Airshow was a big success: Germany’s leading engine manufacturer has announced around 1.3 billion Euros in orders, with new business being at the same level as at the last Farnborough Air show. “This high total order value shows once again that the new programs in which we took stakes hold great prospects for the future,” says MTU CEO Reiner Winkler. “Today, airlines are always looking for engines that meet ever more stringent standards in terms of fuel efficiency and noise emissions; we score high on both counts with engines for the regional jet, narrow body and wide body segments alike,” Winkler goes on to explain. The overall volume of contracts for engines in which MTU has workshares is made up of a balanced mix of propulsion systems for short- to-medium-haul and long-haul airliners.

Full speed ahead for the new wide body generation: The largest share of new orders came from the GE9X for the Boeing 777X, in which MTU has recently announced its stake. Emirates and Qatar Airways from the Gulf region are the biggest customers, who placed firm orders for GE9X engines to equip 200 Boeing aircraft and took out options for 100 more GE9X-powered jets. MTU also profits from orders for Boeing 787s: Lessor ALC has selected the GEnx engine to power 30 Dreamliners. 

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