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What is MTU Aero Q1 2019 Financial Results about?

Revenues increased 11% to €1,131 million in Q1 2019. EBIT adjusted increased 7% to €188 million and net income adjusted increased 8% to €134 million. Passenger traffic was above the long term average in the first two months and GTF engines accumulated 2 million flight hours. The company also introduced a new MRO service portfolio and partnered with Safran for the Next European Fighter Engine.

Author

Manabu Abe

Language

EN