(IN BRIEF) MTU Aero Engines AG has named Dr. Ottmar Pfänder as Chief Program Officer, effective January 1, 2026, on a three-year mandate. Dr. Pfänder, a 25-year MTU veteran currently in charge of commercial engine programs, will succeed Michael Schreyögg, … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Technology
Tagged 2026 appointment, appointment, aviation industry, Chief Program Officer, commercial engine programs, DAX-listed, Dr. Ottmar Pfänder, Executive Board, Germany, Gordon Riske, internal succession, Lars Wagner, leadership, maintenance business, Michael Schreyögg, military engine programs, MTU Aero Engines AG, Supervisory Board, three-year term
(IN BRIEF) MTU Aero Engines AG announced positive financial results for the first quarter of 2024, with adjusted revenue reaching €1.67 billion, marking an 8% increase compared to the same period in 2023. Despite facing challenges in the Geared Turbofan™ … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Lars Wagner, MTU Aero Engines, Peter Kameritsch
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