Company PerformanceMTU Aero Engines had a strong performance in Q4, with EBIT standing 6% above consensus, largely driven by the Maintenance, Repair, and Overhaul sector.
Fleet UtilizationFleet utilization drives a strong yoy flight hours growth in March at 18%, potentially indicating higher availability of parts and faster turnaround times.
Leadership ExperienceDr Johannes Bussmann, with his deep knowledge of the engine maintenance business, will assume the role of CEO, potentially paving the way for a quicker catalyst than expected.