MTU Aero Engines AG (MTX.DE) XETRA
Currency In EUR
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- Financials
MTU Aero Engines AG
Sector
Industrials
Industry
Aerospace & Defense
Employees
12892
First IPO Date
June 06, 2005
Key Executives
| Name | Title | Pay | Year Born |
| Johannes Bussmann | Chief Executive Officer & Chairman of the Executive Board | 2.69M | 1969 |
| Silke Maurer | Chief Operating Officer & Member of Executive Board | 1.96M | 1972 |
| Katja Garcia Vila | Chief Financial Officer, Chief Information Officer & Member of the Executive Board | 1.98M | 1972 |
| Ottmar Pfander | Chief Program Officer & Member of the Executive Board | 2.32M | 1968 |
| Markus Wolfle | Director of Corporate Communications | 0 | N/A |
| Thomas Franz | Vice President of Investor Relations | 0 | N/A |
Description
MTU Aero Engines AG, a German company headquartered in Munich and established in 1913, specializes in the design, production, distribution, and upkeep of commercial and military aircraft engines, alongside aero-derivative industrial gas turbines. The company conducts its operations internationally, with a significant presence across Germany, Europe, North America, and Asia. Its business is segmented into two main divisions: the Commercial and Military Engine Business, and the Commercial Maintenance Business. MTU's product portfolio includes engines for various commercial aircraft such as wide-body, narrow-body, regional, and business jets, as well as propulsion systems for military fighter aircraft, helicopters, and transport planes. In addition to manufacturing, the firm provides extensive maintenance, repair, and overhaul (MRO) services for both its commercial and military engine lines, and also produces and markets a range of brush seals. The company adopted its current name, MTU Aero Engines AG, in May 2013, having previously been known as MTU Aero Engines Holding AG.
