Despite widespread market difficulties MTU Aero Engines generated HI revenue of €2.048 billion, versus €2.243 billion for the same period in 2019, which translate into an operating profit of €224.2 million. “The figures reflect the first effects of the coronavirus pandemic,” said Reiner Winkler chief executive of MTU Aero Engines AG. “A better estimate of the quantitative impact of the coronavirus crisis is now also possible. On Friday, we therefore issued new guidance for 2020.” MTU now expects to generate revenue of around €4 to €4.4 billion in 2020. In percentage terms, the company anticipates an organic decline in the mid to high twenties in the commercial series

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