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MTU Aero Engines Bags More than $1.3 Billion in Orders

: Jun 23, 2019 - : 1:42 pm

German engine manufacturer MTU Aero Engines ended the Paris Air Show with orders totaling more than US$1.3 billion.

The orders and memorandums of understanding (MoU) were mostly for the geared turbofan (GTF) engines of the PW1000G family for short- and medium-range aircraft. The company also received a commitment for the GEnx long-range engine, in which it has a stake.

The largest single order was placed by JetSMART with engines for 85 A320neo Family aircraft. Engines for a further 142 aircraft in this story_category were ordered by several undisclosed customers. Viva Aerobus opted for the GTF for 41 A321neo aircraft while SMBC Aviation Capital and Aviation Capital Group each ordered 20 aircraft from the family.

The engine selection for the A321XLR long-haul version presented at the Paris Air Show are largely still pending. Only the four aircraft for Middle East Airlines already have GTF engines. MTU’s order intake is bolstered by commitments from Air Lease, Nordic Aviation Capital and Delta Airlines for 50, 20 and 5 A220 aircraft respectively. Through its share in the GEnx program, MTU benefits from the orders for the Boeing 787. Korean Air opted for 30 aircraft of this type.

“Modern and efficient engines determine MTU’s future in the commercial engine business,” said MTU CEO Reiner Winkler. “This is demonstrated at the Paris Air Show by the continued success of the geared turbofan family and the GEnx engine. While we are mastering the ramp-up of these programs, we are also working on the long-term technological prospects for sustainable aviation.”

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