MTU Aero Engines : New GTF directive anticipated by P&W in our view
>New stricter FAA directive on the GTF… - The FAA (Federal Aviation Administration) Tuesday issued a new more restrictive directive on the GTF as regards the inspection and replacement of powder metal parts contaminated during the production process which now encompasses the high-pressure compressor (HPC). In detail, the US regulator maintains its recommendation on high-pressure turbines (HPT), namely the obligation to conduct angle ultrasonic scan inspections (A...MTU Aero Engines manufacturers engine modules and components, and providers MRO (Maintenance, Repair and Overhaul) services for commercial aero engines. Co.'s activities range through the development, construction, testing and production of new commercial and military engines and spare parts, through to maintenance, repair and overhaul of commercial and military engines. Co.'s segments comprised of: OEM business (Original Equipment Manufacturing), which covers new commercial engines, including spare parts, and the whole of the military sector; and MRO business, which engaged in commercial maintenance activities covering the areas of maintenance and logistical support for commercial engines.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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