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MTUAF / MTU sees 1 bln euro hit in 2023 amid Pratt & Whitney turbofan inspection

German aircraft engine maker MTU Aero Engines said on Monday an expanded inspection of Pratt & Whitney's turbofans could result in a hit to revenue and reported EBIT of around 1 billion euros ($1.07 billion) in the current financial year. Read More

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Posted: Sep 11 2023, 09:30

Author Name: Reuters

MTUAF News

By Reuters
September 13, 2023

MTU CFO: will talk to Pratt & Whitney about compensation for 700 mln euro cash flow hit

MTU Aero Engines will talk to U.S. partner Pratt & Whitney about compensation for an estimated 700 million euro hit to its cash flow caused by problem

By Reuters
September 11, 2023

MTU sees 1 bln euro hit in 2023 amid Pratt & Whitney turbofan inspection

German aircraft engine maker MTU Aero Engines said on Monday an expanded inspection of Pratt & Whitney's turbofans could result in a hit to revenue an

By Seeking Alpha
March 13, 2023

MTU Aero Engines Stock: An Attractive Growth Buy

MTU Aero Engines showed strong 2022 results despite supply chain pressures. The company is attractively diversified between OEM and MRO activities as

By Seeking Alpha
November 29, 2022

MTU Aero Engines: Pureplay On Jet Engines That Has Consistently Outperformed S&P 500

In the first nine months of 2022, compared to the prior year, revenue is up 27% and net income up 45%. MTU projects growth continuing in 2023 through

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