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MTUAF - MTU Aero Engines AG Is Not Cheap But Worth The Price
Mtu Aero Engines Hldgs Ag
The last year has by no means been pleasant for The Boeing Company (BA). With its cash cow 737 MAX series grounded indefinitely and a net shrinking order book, the Seattle based manufacturer certainly does not feel like a winner right now, but Munich, Germany-based MTU Aero Engines AG (MTUAF) (MTUAY) certainly does. Not only has the company recently been added to Germany's blue chip index DAX (DAX) following quite a rally in 2019, MTU as a producer of engines used in directly competing aircraft models also profits from