MTU wins orders worth 500 million euros

For MTU Aero Engines the air show in Britain’s Farnborough is paying dividends. CEO Egon Behle announced orders worth around 500 million euros. “The volume of these orders underscores the continuing high demand of airlines worldwide for advanced fuel-thrifty aircraft,” he said.

Among the orders received for the V2500 engine, MTU benefits from engine sales as well as maintenance contracts for MTU Maintenance Hannover and other MRO affiliates: Ten customers ordered new engines and placed maintenance contracts, among them US Airways, Wizz Air, Shenzhen Airlines, Shanghai Airlines and Hainan Airlines as well as aircraft leasing companies AWAS and Aviation Capital Group. MTU is a partner in the V2500 consortium International Aero Engines (IAE), holding an eleven-percent stake in the engine powering the A320 family of aircraft.

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