MTU Aero Engines AG GTF Update Call Transcript

Feb 14, 2024

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Sep 13, 2023 / 02:00PM GMT
Operator

Good day, and thank you for standing by. Welcome to the MTU Aero Engine GTF Update Conference Call and Webcast. (Operator Instructions) Please note that today's conference is being recorded. I would now like to hand the conference over to your first speaker, Mr. Thomas Frank (sic) [Franz], Vice President, Investor Relations. Please go ahead, sir.

Thomas Franz - MTU Aero Engines AG - VP of IR

Yes. Thank you. Ladies and gentlemen, welcome to our update call on the fleet inspection program for the PW1100. We'll start with a quick view on the program and how the situation developed presented by Lars. Peter will talk about the financial implications from this program.

After that, Lars will walk you through the impact on our guidance and midterm outlook. Following this, we will open the call for questions. Let me now hand over to Lars.

Lars Wagner - MTU Aero Engines AG - CEO, Chief Sustainability Officer & Member of Executive Board

All right. Thank you, Thomas, and also welcome from my side. Let me first say I

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