MTU Aero Engines Wins Orders Worth EUR800 Million During Airshow
20 Julio 2018 - 5:36AM
Noticias Dow Jones
By Alberto Delclaux
MTU Aero Engines (MTX.XE) said Friday that it secured about 800
million euros ($930.2 million) in engine orders during the
Farnborough International Airshow.
The figure is based on the list price of Pratt & Whitney
geared-turbofan engines, in which the German company has a stake.
Pratt & Whitney is a unit of United Technologies Corp.
(UTX).
"The success of the geared turbofan family became evident once
more at the Farnborough Airshow," said MTU Chief Executive Reiner
Winkler.
"Thanks to our preparation in recent years, we are ready for the
ramp-up," he said.
The new-generation engines power Airbus (AIR.FR) narrowbody
A320neo family aircraft, as well as the A220 jets that were
previously known as Bombardier C Series.
Among the orders, MTU highlighted one placed by low-cost carrier
JetBlue Airways Corp. (JBLU) for 120 A220 aircraft to be powered by
Pratt & Whitney engines. A startup airline backed by JetBlue's
founder, David Neeleman, also ordered 60 A220 jets.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
July 20, 2018 06:21 ET (10:21 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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