MTU Aero Engines closed first nine months on positive note with operating profit of €448 million

MTU Aero Engines recorded a growth of 27% in revenue reaching €3.82 bn with an operating profit of €448 million in the first nine months of 2022. MTU’s revenue increased in both commercial maintenance and the commercial engine business in the first nine months.  In the commercial engine business, revenue increased by 24% to €946 million. The company recorded a net income of €319 million. Reiner Winkler, CEO of MTU Aero Engines, said: “Based on this good performance and the current situation, which includes a favorable development of the US dollar exchange rate, we can increase our forecast today. We