MTU signs Garuda GE90 contract. MTU Aero Engines stock sits 19.68 percent below its high

Published on 10/27/2026 at 10:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MTU Aero Engines signed a GE90 contract with Garuda Indonesia on October 26, 2026. MTU Aero Engines stock costs EUR 325.15 versus the Xetra close.

Contract and earnings context

MTU signed a GE90 contract with Garuda Indonesia on October 26, 2026.
Second-quarter 2026 revenue reached EUR 2.44 billion, up 17.00 percent year over year.
MTU Aero Engines stock trades at EUR 325.15 at 10:13 a.m. CET at Lang & Schwarz on October 27, 2026, 0.57 percent below the Xetra close of October 26, 2026.
Third-quarter results are scheduled for October 29, 2026.

MTU, DE000A0D9PT0, Illustration mit AI erstellt.

MTU Aero Engines signed a GE90 engine maintenance contract with Garuda Indonesia on October 26, 2026, according to MarketScreener. MTU Aero Engines stock was trading at EUR 325.15 at 10:13 a.m. CET on October 27, 2026, down 0.57 percent versus the Xetra close of EUR 327.00 on October 26, 2026.

Garuda contract expands maintenance reach

The GE90 agreement adds another maintenance program to MTU's aftermarket business. The contract matters because long-term engine servicing can provide recurring work after the initial aircraft delivery cycle, while the installed engine base determines future repair demand.

The latest company investor page describes MTU as a manufacturer and service provider for commercial and military engines, with more than 14,000 employees and 20 sites worldwide. Its 2025 adjusted revenue was EUR 8.7 billion, while adjusted EBIT reached EUR 1.351 billion, according to MTU Aero Engines.

What do the latest results show?

Second-quarter 2026 revenue rose 17.00 percent year over year to EUR 2.44 billion, while net income fell 18.00 percent to EUR 230.0 million. The margin declined to 9.4 percent from 13.0 percent, showing why maintenance growth must be matched by better cash conversion and cost control, according to Simply Wall St.

Three dates frame the stock

MTU reported EUR 2.44 billion of revenue for the second quarter on July 30, 2026. On October 8, 2026, mwb research kept its Buy rating and EUR 530.00 target, as reported by 4investors. On October 26, 2026, MTU signed the GE90 maintenance contract with Garuda Indonesia.

Dates investors can mark

MTU's earnings presentation is scheduled for October 28, 2026, followed by the third-quarter 2026 earnings release on October 29, 2026, according to MarketScreener.

Stock remains below its yearly high

The current quote sits 19.68 percent below the 52-week high of EUR 404.80 and 22.60 percent above the 52-week low of EUR 265.20. For investors, the next earnings release will show whether the maintenance story is translating into stronger margins and cash flow.

MTU Aero Engines was trading at EUR 325.15 at Lang & Schwarz on October 27, 2026 at 10:13 a.m. CET, 0.57 percent below the Xetra close of October 26, 2026 at EUR 327.00. The further course of trading is shown by the continuously updated real-time quote of MTU Aero Engines stock.