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MTU Aero Engines AG (MTXGn.DE)

MTXGn.DE on Xetra

218.90EUR
17 Jul 2019
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109,592
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€155.60

Latest Key Developments (Source: Significant Developments)

MTU Aero Engines Books Paris Orders Worth $1.3 Bln
Thursday, 20 Jun 2019 

June 20 (Reuters) - MTU Aero Engines AG ::AVIATION INDUSTRY GATHERING IN PARIS ENDS WITH ORDER INTAKE OF MORE THAN 1.3 BILLION DOLLARS IN LIST PRICES FOR MTU AERO ENGINES.MODERN GEARED TURBOFAN TECHNOLOGY ACCOUNTS FOR THE MAJORITY OF ORDERS.ORDERS MAINLY RESULT FROM ORDERS, MOUS FOR GEARED TURBOFAN ENGINES OF THE PW1000G FAMILY FOR SHORT- AND MEDIUM-RANGE AIRCRAFT.  Full Article

MTU Aero Engines Signs Letter of Intent With e.SAT GmbH
Monday, 17 Jun 2019 

June 17 (Reuters) - MTU AERO ENGINES AG ::TAKES STAKE IN NEW SILENT AIR TAXI HYBRID-ELECTRIC SMALL AIRCRAFT.LETTER OF INTENT SIGNED WITH E.SAT GMBH.JOINS THE PROJECT AS A TECHNOLOGY PARTNER AND SHAREHOLDER.PARTIES AGREED THAT MTU WILL TAKE A STAKE IN DEVELOPMENT AND PRODUCTION OF UNIQUE HYBRID-ELECTRIC POWERTRAIN FOR NEW AIRCRAFT.PARTIES AGREED THAT MTU ACQUIRE SHARES IN THE RECENTLY FOUNDED COMPANY IN THE AMOUNT OF TEN MILLION EUROS.PARTNERS PLAN TO NEGOTIATE DETAILS OF THEIR COOPERATION BY LATE OCTOBER, AIM BEING TO GET CONTRACT WRAPPED UP BEFORE YEAR-END.  Full Article

MTU Aero Engines Proposes To Increase Dividend To 2.85 Euros Per Share
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - MTU Aero Engines AG ::PROPOSES TO INCREASE DIVIDEND TO 2.85 EURO PER SHARE.  Full Article

Safran, MTU Aero Engines join forces for next-generation European fighter engine
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Safran SA ::* In the presence of the French and German Ministers of Defense, respectively Florence Parly and Ursula von der Leyen, Safran and MTU Aero Engines announced their partnership to jointly lead the development of the new engine that will power the next generation combat aircraft, as part of the Franco-German Future Combat Air System (FCAS)..* The aircraft will enter into service by 2040 to complement the current generation of Eurofighter and Rafale fighter aircraft.* Safran Aircraft Engines will take the lead in engine design and integration, and MTU Aero Engines will take the lead in engine services .  Full Article

MTU Aero Engines Expects EBIT Margin To Remain Stable In 2019
Friday, 30 Nov 2018 

Nov 30 (Reuters) - MTU Aero Engines AG ::IMPROVED OUTLOOK FOR ORGANIC GROWTH IN ALL SEGMENTS.LONG-TERM TARGETS FOR NET INCOME AND FREE CASH FLOW CONFIRMED.NET INCOME IS FORECAST TO RISE STEADILY BETWEEN NOW AND 2025.EXPECTS ITS EBIT MARGIN TO REMAIN STABLE IN 2019.  Full Article

MTU Aero Engines AG Raises Guidance
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - MTU Aero Engines AG ::RAISES GUIDANCE.SAYS 9M REVENUES UP 14 PERCENT AT 3.319 BILLION EUR.SAYS Q3 REVENUES 1.17 BILLION EUR.SAYS Q3 ADJUSTED EBIT 174.3 MILLION EUR.REVENUE FORECAST REVISED TO € 4.4 BILLION.OPERATING PROFIT SET TO REACH AROUND € 660 MILLION, NET INCOME SOME € 470 MILLION.NET INCOME ADJUSTED, ORIGINALLY TARGETED AT € 450 MILLION, IS EXPECTED TO INCREASE TO AROUND € 470 MILLION IN 2018.  Full Article

MTU Aero Engines Extends Appointment Of CEO Reiner Winkler
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - MTU AERO ENGINES AG ::EXTENDS THE APPOINTMENT OF THE CEO REINER WINKLER (57) BY FIVE YEARS UNTIL 30 SEPTEMBER 2024.  Full Article

MTU Aero Engines Achieves Orders Worth Around 800 Million Euros
Friday, 20 Jul 2018 

July 20 (Reuters) - MTU Aero Engines AG ::ACHIEVES ORDERS WORTH AROUND 800 MILLION EUROS.MTU AERO ENGINES - ORDERS AND LETTERS OF INTENT FOR PW1000G FAMILY OF GEARED TURBOFAN ENGINES FOR SHORT- AND MEDIUM-HAUL AIRCRAFT.  Full Article

MTU Aero Engines: Eme Aero Buys Land In Jasionka Municipality In Poland
Monday, 26 Mar 2018 

March 26 (Reuters) - MTU AERO ENGINES AG ::MAINTENANCE COMPANY EME AERO ACQUIRES LAND IN JASIONKA MUNICIPALITY IN POLAND.JOINT VENTURE BETWEEN LUFTHANSA TECHNIK AND MTU AERO ENGINES IS SCHEDULED TO START OPERATING IN 2020‍​.LUFTHANSA TECHNIK AND MTU AERO INVESTING AROUND 150 MILLION EUROS IN THE REGION BY 2020.  Full Article

MTU Aero Engines And Lufthansa Technik Launch MRO Joint Venture EME Aero
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - MTU AERO ENGINES AG ::LUFTHANSA TECHNIK AND MTU AERO ENGINES LAUNCH MRO JOINT VENTURE EME AERO.THE JV COMPANY WILL BE BASED IN POLAND.EME AERO SP. Z O.O. TO BE BASED IN POLAND AND WILL HAVE WORKFORCE OF 800 EMPLOYEES IN THE FUTURE.TWO PARTIES TO THE JOINT VENTURE WILL INVEST A TOTAL AMOUNT OF AROUND 150 MILLION EUROS BY 2020.  Full Article

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Aerospace executives look on bright side of United Tech, Raytheon deal

PARIS Aerospace executives see potential benefits from the surprise merger of Raytheon Co and United Technologies, including the prospect for better margins for suppliers and perhaps the chance to bid for any units put up for divestment.