The 2016 Farnborough International Airshow proved to be a resounding success for MTU Aero Engines, Germany’s leading engine manufacturer. The company secured orders valued at approximately one billion euros, translating to roughly 1.1 billion U.S. dollars, driven significantly by the strong performance of its PW1000G family of geared turbofan (GTF) engines.
“The demand for geared turbofan technology remains exceptionally high among airlines,” stated MTU Chief Executive Officer Reiner Winkler. He further emphasized the strategic importance of GTF, noting, “For MTU, the GTF represents the most crucial propulsion concept for the future. Our substantial market share in programs for short- and medium-range aircraft, as well as regional and business jets, positions us favorably to capitalize on the aftermarket business in the years to come.” The total order volume encompassed engines across various aircraft categories, including long-haul airplanes where MTU also holds significant interests.
Leading the charge in order volume at the airshow were the geared turbofan (GTF) engines earmarked for the Airbus A320neo family. A landmark contract was awarded by Wizz Air, a prominent Hungarian carrier. Combined with orders and options from German airline Germania, AerCap Holding N.V., the world’s largest aircraft leasing company, and an undisclosed leasing entity, a total of 251 aircraft slated to be powered by PurePower® PW1100G-JM engines were committed for A320neo fleets. The PW1200G and PW1900G variants also garnered significant traction, securing contracts for Mitsubishi’s MRJ90 regional jets and Embraer’s new generation E-Jets, respectively. Adding to the momentum, Swedish lessor Rockton became the first European customer by signing a letter of intent for 20 Mitsubishi MRJs. Embraer also reported orders for 20 aircraft from customers including Arkia Israeli Airlines and Indonesian carrier Kalstar Aviation.
MTU’s portfolio extends beyond narrow-body aircraft, with the company also benefiting from the burgeoning market for new-generation widebody aircraft. Russia’s Volga-Dnepr Group selected the GEnx engine to power 16 of its Boeing 747-8F freighter aircraft. Furthermore, orders continued to flow for the IAE V2500 engine, which powers the current Airbus A320 family. In total, 39 Airbus A320ceo aircraft were ordered by BOC Aviation from Singapore, AWAS Aviation Capital Limited from Dublin, and an unnamed leasing company, all equipped with V2500 engines.
About MTU Aero Engines
MTU Aero Engines AG stands as Germany’s premier engine manufacturer and a global leader in aerospace technology. The company excels in key engine components including low-pressure turbines, high-pressure compressors, turbine center frames, and advanced manufacturing and repair techniques. Within the commercial OEM sector, MTU is a pivotal partner in the development, production, and marketing of high-technology components alongside international collaborators. Notably, approximately 30 percent of the active aircraft fleet worldwide incorporates MTU components. In commercial maintenance, MTU ranks among the top 5 global service providers for commercial aircraft engines and industrial gas turbines, operating under the MTU Maintenance umbrella. In the military domain, MTU Aero Engines is the primary industrial partner for virtually all engines utilized by the German armed forces. With its corporate headquarters in Munich, MTU maintains a global network of locations. In the fiscal year 2015, MTU employed around 9,000 individuals and reported consolidated sales of approximately 4.4 billion euros.
