MTU Aero Engines AG recognizes $1.03 billion in costs related to the Pratt & Whitney GTF engine issue in Q3. Adjusted earnings and revenues show strong performance, with 21% revenue growth and 33-37% ...

MTU Aero Engines is attractive due to its high share of aftermarket/MRO sales, but the current valuation is inflated, making it a "HOLD" at €270/share. The company benefits from a 15%+ market share in ...

MTU is introducing engine lease and teardown services to attract business from operators and lessors of mature powerplants. The German engine specialist will provide lease and replacement engines if ...

Two new high-speed ferries to be run by Spanish ferry operator Fred. Olsen are each to be powered by four MTU 20-cylinder 8000 M71L engines from Rolls-Royce. The ferries will be 117m trimarans, ...

MTU Maintenance Zhuhai has opened a new engine maintenance training center in China with capacity to train up to 100 people annually. The center will focus on engine maintenance and specifically the ...

NOVI, Mich.--(BUSINESS WIRE)--MTU, the specialist for propulsion and power systems for ships and commercial marine equipment, has been selected by Memphis-based Southern Towing Company to power six ...

Rolls-Royce and Sanmar Shipyards in Turkey have signed a contract for the delivery of eight MTU Series 4000 engines for four new terminal tugs, including an option for a further four engines. The tugs ...

(RTTNews) - Aerospace and defense company RTX Corp. (RTX) announced Tuesday that its aircraft engine unit Pratt & Whitney signed an agreement with German aircraft engine manufacturer MTU Aero Engines ...

German engine specialist MTU will start servicing CFM International CFM56-7Bs at its Berlin overhaul shop later this year. The site in Ludwigsfelde, near the German capital’s Brandenburg airport, has ...

Aggreko is a global specialty rental company that supplies power, temperature control and oil-free compressor technologies to various industries around the world. It takes its environmental ...

MTU Maintenance has opened its new MTU Maintenance Zhuhai Jinwan facility focusing on Pratt & Whitney PW1100G geared turbofan (GTF) engines. The engine shop is the Germany-headquartered MRO provider’s ...