MTU Aero Engines-Aktie: Ohne Veränderung from

MTU Aero Engines: Waiting for the Recovery

A Study on the German Aircraft Engine Manufacturer and its Current Strategies

The State of the Industry

The aircraft engine industry has been hit hard by the COVID-19 pandemic. In 2020, the industry saw a decline of 40%, and it is expected to remain depressed in 2021. The recovery of the industry is expected to be slow and gradual. The International Air Transport Association (IATA) predicts that the industry will not return to pre-pandemic levels until 2024.

MTU Aero Engines

MTU Aero Engines is a German aircraft engine manufacturer. The company is one of the world's leading suppliers of commercial and military aircraft engines. MTU Aero Engines has been hit hard by the pandemic. In 2020, the company's revenue declined by 11%. The company has also been forced to cut costs and lay off employees.

Current Strategies

MTU Aero Engines is taking a number of steps to cope with the pandemic. The company is focusing on cost reduction, developing new products, and expanding its aftermarket business. * **Cost reduction:** MTU Aero Engines has implemented a number of cost-cutting measures. The company has reduced its workforce, cut salaries, and frozen hiring. MTU Aero Engines is also working to improve its efficiency. * **New products:** MTU Aero Engines is developing a number of new products. The company is investing in new technologies, such as additive manufacturing and electric propulsion. MTU Aero Engines is also working on developing new products for the aftermarket. * **Aftermarket business:** MTU Aero Engines is expanding its aftermarket business. The company is providing maintenance, repair, and overhaul (MRO) services for aircraft engines. MTU Aero Engines is also working to develop new products and services for the aftermarket.

Outlook

The outlook for MTU Aero Engines is uncertain. The company is facing a number of challenges, including the COVID-19 pandemic, the decline in the aircraft engine industry, and the increasing competition from new entrants. However, MTU Aero Engines is a well-established company with a strong track record. The company is taking a number of steps to cope with the challenges it faces. MTU Aero Engines is well-positioned to emerge from the pandemic as a stronger company.