2000 – MTU: a directly managed DaimlerChrysler company
When European Aeronautic Defence and Space Company (EADS) was founded in July 2000, MTU became a directly managed DaimlerChrysler affiliate. The reshuffle brought a comprehensive change in the company's corporate identity, turning MTU München into MTU Aero Engines. Its repair shops were renamed MTU Maintenance, plus the name of the respective location (MTU Maintenance Berlin-Brandenburg, etc.).
That same year, MTU Aero Engine Components were launched.
2000 – Launch of MTU Maintenance Zhuhai
The German engine manufacturer has had presence in China since 2000. By setting up a 50/50 joint venture with China Southern Airlines, China's largest airline, MTU has established a strong foothold in the Asian growth market.
2002 – Cooperation with the Armed Forces
MTU and the German Armed Forces have been blazing new trails in their cooperation since 2002: To optimize the support of the Eurofighter engine EJ200 they developed the industry-military cooperative model of engine maintenance where the work is performed at a single site: MTU's Munich facility. This saves cost, time and resources and helps the GAF maintain its engine know-how. The model was later expanded to include the RB199, J79, RR250-C20 and MTR390 engines.
2002 – Entry into a commercial core engine
Pratt & Whitney's PW6000 is provided with a high-pressure compressor made by MTU Aero Engines. This marks the first time MTU has responsibility for a commercial core engine component. With additional engineering and production stakes in the high-pressure compressor, MTU holds an 18 percent workshare as a risk-and-revenue sharing partner in the program.
2003 – Major partner in the TP400-D6
As the main German partner in the TP400-D6, the exclusive powerplant for the Airbus A400M military transport, MTU Aero Engines provides high-tech hardware: it is responsible for the entire intermediate-pressure spool and in partnership with France's Safran Aircraft Engines, also contributes the engine control unit. Production testing and delivery is performed exclusively by MTU's Ludwigsfelde location, which has the sole pan-European assembly line for the powerplant.
MTU, Safran Aircraft Engines and Rolls-Royce are the major partners in the TP400-D6 engine consortium Europrop International (EPI), with each of the companies holding 28 percent. The fourth partner is Spain's ITP, which has a program share of 16 percent.
2003 – Subsidiary renamed MTU Aena
That same year, MTU pools its activities on the U.S. market and merges MTU Aero Engine Design and MTU Aero Engine Components, which now come under the umbrella of MTU Aero Engines North America (MTU AENA).
2004 – KKR acquires MTU Aero Engines
January 1, 2004: MTU Aero Engines now is a subsidiary of Kohlberg Kravis Roberts (KKR), after DaimlerChrysler sold it the company lock, stock and barrel. KKR, a U.S. private-equity investor, has agreed to keep MTU's strategic alignment and operational business intact, including the company's close partnership with Pratt & Whitney and the involvement of Germany's leading engine manufacturer in current and emerging commercial and military programs.
2005 – IPO of MTU Aero Engines Holding AG
June 6: The stock of MTU Aero Engines Holding AG is traded on the stock market for the first time, the emission price being 21 €. The stock is more than seven times over-subscribed. The greenshoe option has been fully exercised by June 10. On September 19, 2005 the stock is included in the mid-cap MDAX index.
2006 – Partner in GE's F414 engine
Under a new risk-and-revenue sharing agreement, MTU acquires a 2.5-percent workshare in GE's F414 fighter aircraft engine, contributing the high-pressure compressor spool and the shrouds for the high-pressure and low-pressure turbines. The move marks the company's foray into the U.S. military market. The F414 powers the U.S. Navy's twin-jet F/A-18 Super Hornet fighter aircraft.
2007 – Launch of MTU Aero Engines Polska
The youngest scion in MTU's group pf companies is MTU Aero Engines Polska. The company is being set up on a seven hectare plot in Poland's "Aviation Valley". The new foreign affiliate develops and manufactures low-pressure turbine airfoils, assembles LPT modules, and repairs engine parts using high-tech machinery and MTU's innovative repair processes for which the company is renowned worldwide.
2007 – Claire I
To make tomorrow's engines quieter and to reduce their fuel consumption and pollutant emissions, the Clean Air Engine (Claire) technology agenda was launched. Here, MTU's key technologies are being combined into a commercial propulsion system that, in the year 2050, will burn 40 percent less fuel, will reduce CO2 emissions by the same amount, and will cut noise by 65 percent. Plans are to achieve the CO2 and noise targets defined by the European aviation industry and research community in the Strategic Research and Innovation Agenda (SRIA) in three stages.
2008 – Emirates A380 enters into revenue service
The Arab airline initially uses the world’s largest airliner on the Dubai - New York route. Emirates is by far the largest A380 customer and has selected the GP7000 to power its aircraft. MTU Aero Engines has a 22.5 percent share in this propulsion system. The Munich-based engine manufacturer builds the low-pressure turbine, the turbine center frame, and components of the high-pressure turbine.
2008 – MTU takes stakes in the GEnx and the T408 engines
MTU Aero Engine takes on an 18-percent share in the T408 helicopter engine. This is the first time that the company acts as a development participant in a U.S. military engine program. MTU is responsible mainly for the T408's power turbine module; T408 models will be used to power the emerging European Heavy Transport Helicopter (HTH).
MTU also takes 6.6 percent role in GE's GEnx engine, manufacturing the turbine center frame, for which it also assumes development responsibility. The engine powers the Boeing 787 Dreamliner and the Boeing 747-8 long-haul airliner and 747-8 freighter version.
*Geared Turbofan? is a trademark application of Pratt & Whitney.