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Friday, December 14, 2007
MTU Sees Engine Growth for Regional Aircraft
MTU management was authorized, given certain launch conditions for MTU, to take shares in envisioned engine programs for business and regional aircraft. MTU intends to take about a 15 percent stake in each of its partner Pratt & Whitney's envisioned engine programs. If these programs go forward, they will be worth to MTU some $17 billion in revenue, during the life of the programs. These would include the following engines: PWX10 engine (10,000 pound thrust category) for emerging medium-sized and large business jets. MTU estimates that nearly 4,000 engines of the type will be produced during the life of the program; Geared turbofan engine for the Mitsubishi Regional Jet, which is expected to be launched in 2008 (15,000 to 17,000 pound thrust category; estimated market volume about 1,500 engines); Geared turbofan engine (23,000 pound thrust category; estimated market volume about 3,000 engines) for Bombardier's CSeries regional aircraft, which is expected to be launched in 2008. For related news

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