It’s official: MTU’s engine leader named CEO of Airbus Commercial from Jan. 1; future of Open Fan and A220-500 shifts to him

By Scott Hamilton July 10, 2025, © Leeham News: It’s official: Lars Wagner becomes CEO of Airbus Commercial Aircraft on Jan. 1. He will succeed current CEO Christian Scherer, who will retire after 40 years at Airbus. Word… Read More

‘Tailwinds’ push MTU Aero Engines to hit earnings target early after solid Q3

By Leeham News Team Oct 24, 2024, © Leeham News: MTU Aero Engines reported solid financial performance for the third quarter, with the German manufacturer confirming it would achieve its earnings target of €1 billion ($1.08 billion) a… Read More

GTF engine issues knock MTU off course

By Tom Batchelor February 29, 2024, © Leeham News: Problems affecting Pratt & Whitney’s Geared Turbofan (GTF) weighed on MTU Aero Engines last year but the German manufacturer still reported a solid performance in its earnings announcement on… Read More

MTU posts upbeat earnings report despite €1bn GTF hit

Subscription Required By Gordon Smith Oct. 30, 2023, (c) Leeham News: MTU Aero Engines has confirmed its guidance for 2023 and posted higher adjusted sales and earnings in the third quarter. The numbers are the first reported by… Read More

P&W, Embraer pause E175-E2 engine; MTU writes off investment, sees no revenue in future for SpaceJet engine

By Scott Hamilton Exclusive: Dec. 21, 2021, © Leeham News: Pratt & Whitney and Embraer agreed to suspend further development and production of the PW1700G for three years, LNA learned. PW and Embraer did not respond to inquiries…. Read More