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35Air India orders 100 Airbus aircraft
My dears, it must be going on in the airplane sector.
Hope my investment in $MTX (-0,39 %) . $TDG (-0,62 %) and $ERJ (+3,58 %) continue to profit from it.
https://www.aero.de/news-49947/Air-India-bahnt-neue-Grossbestellung-an.html
The Vietnamese low-cost airline Vietjet, a popular low-cost airline, has ordered 20 new A330neo aircraft from Hamburg-based aircraft manufacturer Airbus. The airline plans to use these aircraft to expand its fleet and extend its network, particularly in Southeast Asia and towards Europe, according to the Hamburger Abendblatt. MTU, an important supplier for Airbus, is also involved in this deal as they are involved in the development and manufacture of the aircraft engines.
The order for the A330neo aircraft by Vietjet is a significant order for Airbus and underlines the demand for efficient and low-emission aircraft in the low-cost airline market. The A330neo offers greater range and efficiency compared to older models, which will be beneficial for Vietjet as it expands its network. Vietjet's choice of the A330neo also demonstrates confidence in Airbus' technology and reliability, according to the Hamburger Abendblatt.
$MTX (-0,39 %) increased its net profit by 77% year-on-year to 224 million euros.
Earnings per share amounted to 4.03 euros.
On an adjusted basis, net profit climbed by 41% to 221 million euros.
On an adjusted basis, sales rose by a quarter to 2.09 billion euros, as MTU announced on April 28. Adjusted earnings before interest and taxes (EBIT) rose by 38 percent to 300 million euros, while the corresponding margin improved to 14.3 percent from 13.0 percent in the same period of the previous year.
All segments recorded an increase in profits.
With regard to our earnings forecast for the year as a whole, we believe we are still clearly on track," said CEO Lars Wagner. "The potential impact of the currently highly volatile US customs policy on the global aviation industry is currently difficult to predict.
MTU continues to assume that, without mitigating measures, burdens in the mid to high double-digit million euro range will be incurred.
Two more shares added 👌
A further 3 shares will follow if the share price falls further.
$MTX (-0,39 %) is still significantly undervalued in my opinion, considering that many hundreds of billions will be spent on armaments over the next few years. Perhaps the company is not well-known enough?
$MTX (-0,39 %)
$AIR (+2,1 %)
$SAF (+0,34 %)
Good quarterly figures from Safran gave the entire aviation industry sector a noticeable tailwind at the end of the week. The shares of the French engine manufacturer rose significantly following the better-than-expected data. The two DAX-listed companies MTU and Airbus also took off in their wake.
Safran grew more strongly than expected at the start of the year. Turnover rose by 17 percent to just under 7.3 billion euros. The Group, which supplies engines to aircraft manufacturers Airbus and Boeing, among others, also benefited from acquisitions and the weaker euro in the first quarter compared to the previous year.
Adjusted for these effects, growth amounted to 14 percent. As is usual for French companies, Safran did not publish key profit figures for the first quarter. However, the Group confirmed its forecast for the current year. For 2025, Group CEO Olivier Andriès is still targeting an increase in sales of around ten percent. Adjusted operating profit is expected to climb to between 4.8 and 4.9 billion euros. However, possible consequences of the tariff conflict triggered by the USA have not been taken into account.
Analysts initially stated that Safran had exceeded expectations in the first quarter. Ian Douglas-Pennant from UBS justified this above all with the growth in the spare parts business, which is also often regarded as very important by analysts at MTU. David Perry of JPMorgan spoke of a "solid start to the year". Douglas Harned from Bernstein Research wrote that Safran's targets for this year were looking more and more achievable. Although experts lacked concrete information on the subject of US tariffs, this did not deter investors from buying.
Slump in the DAX: investors are seeing red
There is a great deal of uncertainty on the stock markets at the moment, and this is being further fueled by US President Trump's aggressive tariff policy. On the last trading day of the week, investors have to accept massive losses in the Dax. Of the 40 companies listed in the leading German index, only two shares were able to record a positive closing price. The remaining 38 stocks experienced double-digit declines in some cases. Deutsche Bank was particularly affected $DBK (-1,86 %)which fell by 9.77 percent, and MTU Aero Engines $MTX (-0,39 %)whose shares fell by 8.11 percent. Deutsche Börse, Infineon $IFX (+4,43 %) and Siemens Energy $SIE (+1,83 %) also suffered losses of more than 7 percent. The Dax itself closed 4.95 percent lower at 20,641.72 points.
Trade war continues to weigh on the markets
Pressure on the markets remains high as uncertainty over trade relations between the USA and China persists. China's announcement that it would impose counter-tariffs on US goods has heightened fears of a full-scale trade war. At times on Friday, the Dax fell by up to 5.6 percent to 20,579 points. The MDax and EuroStoxx50 also suffered significant losses. There were significant declines in the banking sector in particular, which is heavily dependent on economic developments. Deutsche Bank and Commerzbank $CBK recorded losses of up to 12.1 and 9.3 percent respectively. Volatility on the markets is likely to remain high as long as the uncertainty surrounding customs policy persists.
Slight stability at Adidas and Beiersdorf
Despite the general downward trend, there were also some bright spots in the Dax. The shares of Adidas $ADS (-0,12 %) were able to maintain their position as the lone frontrunner with a plus of 0.54 percent. Symrise $SY1 (+1,14 %) and Beiersdorf $BEI (+1,36 %) also remained relatively stable, with Symrise recording a minimal gain of 0.01%, while Beiersdorf fell by 0.37%. Investors are hoping that the negative spiral of tariffs and counter-tariffs can be halted through negotiations, but the uncertainties remain and could continue to weigh on the markets.
Sources:
https://www.n-tv.de/wirtschaft/Das-sind-die-groessten-Verlierer-im-Dax-article25682125.html
https://www.n-tv.de/wirtschaft/Dax-schmiert-ab-US-Zoelle-China-Zoelle-und-jetzt-article25681044.html
| Construction begins on new hall for MTU Maintenance Berlin-Brandenburg in Ludwigsfelde
| Maintenance, training, apprentice workshop and 40 new employees under one roof
| MTU Power aims for 30 percent more store visits for industrial gas turbines
Ludwigsfelde, March 31, 2025 | MTU Maintenance Berlin-Brandenburg is expanding its site in Ludwigsfelde with a new hall for the maintenance of industrial gas turbines (IGT). They are used to generate energy and are modifications of GE Aerospace aircraft engines, known as aero derivatives. In the coming years, MTU will increase the maintenance volume for LM2500 and LM6000 industrial gas turbines by 30 percent compared to 2024. MTU Power, MTU's maintenance division for industrial gas turbines, is thus expanding its position as the largest independent maintenance provider for the LMTM series on the market.
"Services for industrial gas turbines are an important building block for the success of our location," says André Sinanian, Managing Director of MTU Maintenance Berlin-Brandenburg. "This plant expansion is an important step on the way to making the site fit for the coming decades."
MTU is creating jobs for 40 additional engine experts in the process. In order to have enough space for this growth, MTU had already acquired an existing building in the immediate vicinity of the company site in 2024. Following the demolition of this building, a state-of-the-art hall with an operating area of more than 10,500 square meters will be built there. In future, this will house the site's IGT workshop with an engine dock for various maintenance services as well as a modern training workshop. This training workshop will be part of a new training center. Mechanics will be able to acquire new qualifications and deepen their existing knowledge there. Commissioning is scheduled for January 2027.
"The demand for IGT maintenance is there, and I am very confident that we will achieve our goal of maintaining 30 percent more engines with us," says Henrik Harksen, IGT Sales Manager at MTU. "That is why we have also strengthened our sales team and our global market presence."
Industrial gas turbines from the LMTM program have been serviced at the Ludwigsfelde site for 30 years. Since then, MTU has carried out more than 1,500 maintenance services, most of them for the LM2500. In addition, teams from Ludwigsfelde carry out special service assignments worldwide for the two models mentioned above as well as for the LM5000. Within MTU's entire maintenance network, the Ludwigsfelde site has the most diverse portfolio. In addition to the industrial gas turbine business, it offers customized solutions for the maintenance of the CF34-8 and -10E aircraft engines, the CFM56-7B and a number of Pratt & Whitney Canada engines, including the PW200, PW300 and PW500. Last year, MTU equipped the test rig in Ludwigsfelde with the latest hardware and software.
Vancouver, April 04, 2025 | MTU Maintenance has signed an exclusive contract with Air Canada for the maintenance of its CF6-80C2 engines. With this contract, the two companies continue their strong partnership: MTU Maintenance has been Air Canada's exclusive maintenance partner for this engine type for more than 25 years.
Under the terms of the agreement, the Canadian airline will send the engines of its Boeing 767 freighter aircraft to MTU Maintenance Canada near Vancouver. Among other things, maintenance and repair work as well as repairs to add-on parts will be carried out there. The Canadian site receives support from MTU Maintenance in Hanover. This location also has extensive expertise in the maintenance of CF6-80C2 engines. The MTU Maintenance location in Dallas complements MTU's range of services with on-site customer services (on-wing and near-wing services). For MTU, Dallas is the North American center of its ON-SITEPlus network. The contract between MTU Maintenance and Air Canada runs until 2027, with an option to extend for a further three years.
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has left its rating for MTU at "Buy" with a target price of 430 euros. In the midst of the defense debate, analyst Chloe Lemarie also reviewed her assumptions and ranking in the commercial aircraft sector in her industry commentary published on Friday. MTU becomes her "top pick" in this sector, followed by Rolls-Royce and Safran. More positive price drivers are emerging for the engine manufacturer, especially as the comparative basis from the first quarter of the previous year is low. It remains neutral for Airbus due to limited delivery momentum for the time being./tih/ag
Hello my dears, the last few days there have been repeated discussions here. About independence from the USA. About the F35.
During my little research, however, I also discovered that the USA is not entirely independent of Europe.
Especially when it comes to development work. And here I often noticed
noticed.
But MTU is also significantly involved in the development of the new "New Generation Fighter Engine".
The New Generation Fighter Engine (NGFE) is the heart of the next-generation fighter aircraft that is at the center of the European FCAS.
The Future Combat Air System (FCAS) is the European air defense system that is to be available from 2040. Germany, France and Spain are working on it together. The centerpiece is the New Generation Fighter, a manned jet of the latest generation.
Engine specialists MTU Aero Engines, Safran Aircraft Engines and ITP Aero are developing the engine for the New Generation Fighter under the leadership of EUMET (European Military Engine Team), a joint venture between MTU and Safran. MTU is assuming responsibility for its core competencies of high- and low-pressure compressors, compressor center frames and parts of the control systems and is in charge of aspects of engine maintenance. Safran is in charge of engine design and integration, while ITP Aero is responsible for the low-pressure turbine and the thrust nozzle.
https://aeroreport.de/de/good-to-know/kurz-erklaert-new-generation-fighter-engine
Today, one third of commercial aircraft worldwide fly with MTU technology. MTU is a system partner for almost all aircraft engines of the German Armed Forces. MTU has close ties with all major manufacturers such as Pratt & Whitney, General Electric, Rolls-Royce, Safran Aircraft Engines and GKN Aerospace through its shareholdings and subsidiaries (MTU Aero Engines North America).
The company has a total of 18 locations worldwide. The commercial engine business currently accounts for around 25 percent of sales. Civil maintenance accounts for around 66 percent and the military business for 9 percent.
In 2002, the company received the German Industry Innovation Award. In 2013, MTU Aero Engines again won the German Industry Innovation Award in the large company category. This time for the development of the high-speed low-pressure turbine for the Pratt & Whitney PW1000G engine.
Dear all, do you still see potential for MTU based on its growth and valuation?
The EbiT margin remains constant at around 14%.
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