MTU Aero Engines closed its participation at this year’s edition of the Paris Air Show with record engine orders worth around US$1.75 billion. "This is the first time in MTU's history that we have achieved such a high order intake...
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MTU Aero Engines closed its participation at this year’s edition of the Paris Air Show with record engine orders worth around US$1.75 billion.
"This is the first time in MTU's history that we have achieved such a high order intake at a trade fair: $1.75 billion is an absolute record,“ said MTU CEO Lars Wagner. ”This success once again proves that we have the right, forward-looking engines in our portfolio and underpins MTU's positive growth prospects. It also impressively demonstrates the market's confidence in geared turbofan technology."
The large majority of the orders received at the show were for the Pratt & Whitney GTF engine that powers the A320neo family, with Wizz Air placing the largest GTF order which will equip177 A321neo aircraft with PW1100G-JM engines. Frontier Airlines also selected this engine model to power 91 A321neo aircraft operated by the airline.
MTU has a stake of between 15 and 18 percent in the Pratt & Whitney GTF engine family, depending on the model, and is responsible for the development and production of various stages of the high-pressure compressor, the high-speed low-pressure turbine, and brush seals. In addition, one-third of the PW1100G-JM series engines are assembled at MTU in Munich.
The PW1500G GTF model, which exclusively powers the Airbus A220, also gained plenty of orders, with the Polish airline LOT ordering 40 A220 aircraft. In addition, Portugal ordered another KC-390 Millennium military transport aircraft from Embraer and this aircraft will be powered by the V2500. MTU has a 16 percent share in the V2500 programme.
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