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MTU Aero Engines CEO: will know engine problem costs in about 6 weeks
Reuters via Yahoo Finance· 11 months agoMUNICH, July 26 (Reuters) - MTU Aero Engines' Chief Executive Lars Wagner said on Wednesday that the German aircraft engine maker will know in about six weeks how much problems with the geared ...
MTU Aero Engines CEO: no legal action against turbofan partner
Reuters via Yahoo Finance· 3 months agoMUNICH, Germany, Feb 29 (Reuters) - MTU Aero Engines will not take legal action against its partner over defective turbine discs on engines produced by Pratt & Whitney , the chief executive ...
MTU Aero Engines posts 2023 net loss on turbofan trouble
Reuters via Yahoo Finance· 3 months agoMunich-based engine manufacturer MTU Aero Engines on Thursday posted a reported net loss of 97 million euros ($105 million) for 2023 due to an expensive recall campaign. MTU has set aside almost ...
UPDATE 2-MTU Aero Engines confirms outlook despite engine probe headwinds
Reuters via Yahoo Finance· 11 months agoMTU Aero Engines' confirmed its 2023 guidance for free cash flow on Wednesday despite facing challenges from recently announced inspections affecting some 1,200 engines. The German aircraft ...
