AUGUST 2015  

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MTU Aero Engines raises forecast in light of half-year results

• Guidance for full-year revenues increased to around €4,600 million
• EBIT expected to grow to around €430 million, net income to around €295 million

MTU Aero Engines AG saw its first-half-year revenues rise by 21% to €2,202.0 million in 2015 (1-6/14: €1,815.8 million). The group’s operating profit1 grew by 25% to €212.8 million (1-6/14: €170.7 million), while the EBIT margin increased from 9.4% to 9.7%. Earnings after tax2 climbed 33% to €147.2 million (1-6/14: €111.0 million). “The continuing strength of the U.S. dollar has boosted our revenues and earnings these past six months, throughout all business segments. These results have allowed us to revise our full-year forecast in the expectation of setting new records once again in 2015,” said Reiner Winkler, CEO of MTU Aero Engines AG. MTU now foresees revenues of around €4,600 million for 2015, instead of the €4,400 million predicted at the beginning of the year (2014: €3,913.9 million).

Episcale & eFreight360 Announce Two Former American Airlines Executives Join Company.

Episcale Corporation is delighted to announce that two former American Airlines senior executives have joined the company as corporate advisers in support of our eFreight360 product. Jon Snook, former Senior Vice President of Customer Service and David Brooks, former President of American Cargo bring years of senior executive airline management experience to Episcale. Both of these gentlemen are based in the Dallas/Ft. Worth area.

CAL Cargo shifts operational management to Liege

Yossi Shoukroun nominated as CAL’s Group-COO in Liege; Rami Marom stepping down

The CAL Group announced today an organizational change in their ground operations structure. This change will strengthen and improve the service offered by CAL as a group to its customers globally. Liege is currently the operational center of gravity of the group, and will be further strengthened once new routes are established.

CAL Engines for the Safe Transportation of Airplane Engines.
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After successfully transporting hundreds of engines every year, CAL Cargo Airlines announced today the launch of “CAL Engines” - a dedicated product for the safe transportation of airplane engines. > read more


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Bhau Institute of Innovation, Entrepreneurship and Leadership, India. > read more



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