MTU Aero Engines wins big in Singapore

March 1st 2016

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Singapore was good news for MTU Aero Engines orders with the engine manufacturer scoring business worth US$570 million during the February air show. Read More » The German engine manufacturer and MRO provider scored especially high with commitments for the PurePower PW1000G-family geared turbo fan (GTF) engine, a power unit developed in conjunction with U.S. manufacturer, Pratt & Whitney.

Air Canada signed a Letter of Intent with Bombardier, the manufacturer of the new CSeries jet for 45 of the -300 variant plus 30 options, to be powered by GTF engines, in February. The aircraft deal is estimated to be worth US$3.8 billion.

Adding to the order book was budget carrier Vietjet’s decision to order 63 A320neos and A321neos, powered by GTF variant, the PW1100G-JM engine, and the Letter of Intent signed between lessor, Aerolease, and Mitsubishi Regional Jets for 20 of the Japanese aircraft, also to be powered by a GTF variant.

As a bottom line bonus, MTU shared in an order for IAE V2500 engines for 23 A320ceo jets ordered by the China Aircraft Leasing Company.

In the Original Equipment Manufacturing (OEM) business, MTU Aero Engines plays a key role in the development, manufacture and marketing of high tech components with international partners. Almost a third of today’s active aircraft in service are equipped with MTU components.

MTU CEO, Reiner Winkler, said: “In the commercial engine business, the GTF programs for single aisle aircraft are critical in defining MTU’s future.

“At our headquarters in Munich, preparations are going full steam ahead for the final assembly of the A320neo engine. MTU will assemble one third of all the engines for the neo jets. This is a pretty demanding task.”