Speaking to Bloomberg Anton Binder, MTU’s senior vice president commercial business said that between 2012 and 2016 sales of its engines are expected to grow by 60% and its commercial engine work will rise by 45%.
The demand for its engines is coming from the likes of Airbus and Boeing who are ramping up aircraft output as well as a geared turbofan engine being developed by Pratt and Whitney, one of its partners.
Chief Operating Officer Rainer Martens told Bloomberg that: “This means a huge challenge for MTU’s supply chain,” and in order to avoid any shortfalls for critical parts it would be adding suppliers.
Anton Binder added that MTU wants to shift 30% of production to low-cost countries from around 10% currently and new automation technologies would also be introduced to increase output without having to add staff.
