New Lufthansa Technik Aircraft Overhaul Site in Puerto Rico for Short/Medium-Haul Aircraft

 New Lufthansa Technik Aircraft Overhaul Site in Puerto Rico for  Short/Medium-Haul Aircraft  Workforce of up to 400 / First layover 2015  ?HAMBURG, Germany, April 10, 2014 /CNW/ - Lufthansa Technik and the  Commonwealth of Puerto Rico announced an agreement to create a new aviation  maintenance, repair and overhaul ("MRO") facility in Puerto Rico, which will  service short-haul and medium-haul aircraft. Agreements to this effect have  now been signed with the government of Puerto Rico and the responsible port  authority and the company plans to start work in the next three months on the  construction of the new facility.  This is a major new step for Lufthansa Technik to expand its involvement in  America. The new company, Lufthansa Technik Puerto Rico (LTPR), will be based  at Rafael Hernández International Airport in Aguadilla, a former U.S. Air  Force Base located on the northwest of the Island.  The company will employ up to 400 workers and run a total of five overhaul  lines. Initially it will operate two lines for Airbus A320 C-checks and  D-checks. The first layover is due to take place in 2015. Leader of the  project is Elmar Lutter, who currently holds the position of Managing Director  at the European overhaul facility Lufthansa Technik Budapest.  "We are very grateful to establish with our partner a new overhaul facility in  Puerto Rico. Lufthansa Technik Puerto Rico will be a important element in the  long-term strategy of Lufthansa Technik's presence in the American market,"  said August Wilhelm Henningsen, CEO of Lufthansa Technik.  "This exciting partnership with Lufthansa Technik will create hundreds of  high-skilled jobs and will be a cornerstone of the aviation industry we are  developing in Puerto Rico," said Alejandro García Padilla, Governor of Puerto  Rico. "With its decision to locate this facility in Puerto Rico, Lufthansa  Technik joins a growing list of international companies that are investing in  Puerto Rico in recognition of our favorable business climate and geographical  advantages."  "What companies like Lufthansa are realizing is there has never been a better  time to invest in the United States," said U.S. Commerce Secretary Penny  Pritzker. "With assistance from our SelectUSA team, we were able to assist  communities in Puerto Rico that are ready for investment, and - across the  globe - help a great company, Lufthansa, invest in the United States. By  helping build strong partnerships like this one, we are able to create jobs,  spur economic growth, and promote American competitiveness around the world."  Lufthansa Technik has already the firm commitments of two major American  launching customers for overhauls at the new site. One is JetBlue Airways.  "This is very exciting news for Lufthansa Technik, the Commonwealth of Puerto  Rico, and for JetBlue as well," said JetBlue CEO Dave Barger. "As the largest  airline serving the people of Puerto Rico, we are honored to support and  endorse Lufthansa Technik's plans to build a heavy maintenance base in  Aguadilla, and we are very happy to be one of the first airlines to be  serviced there when it opens."  Puerto Rico has a high potential of motivated and well-trained aircraft  mechanics and engineers. A dedicated technical school is currently training  100 people in these skills. In addition Lufthansa Technik is committed to  training additional personnel through its subsidiary, Lufthansa Technical  Training, in partnership with the University of Puerto Rico and the  Commonwealth's Department of Education.  Media Conference Call today at 2:30pm Washington time  Puerto Rico Governor Garcia Padilla and Dr. Thomas Stueger, Member of the  Executive Board of Lufthansa Technik AG will be joined by Commerce Secretary  Penny Pritzker for a media conference call to discuss the agreement in more  detail:  Toll Free Number: 1.800.434.1335  Direct Dial Number: 1.404.920.6442  Conference Code: 984389#  Lufthansa Technik:  The Lufthansa Technik Group, with more than 30 subsidiaries and about 26,000  employees worldwide, is one of the leading providers of services for the  aviation industry. Lufthansa Technik is licensed internationally as a repair,  production and development enterprise. The Group's portfolio encompasses the  entire spectrum of services in the areas of maintenance, repair, overhaul,  modification and conversion, engines and components.    SOURCE  Lufthansa Technik AG  Lufthansa Technik AG, Corporate Communications, Weg beim Jaeger 193, 22335  Hamburg, Germany, Phone +49-40-5070-3667, Fax +49-40-5070-8534,  press.pr@lht.dlh.de, http://www.lufthansa-technik.com/media  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/April2014/10/c1581.html  CO: Lufthansa Technik AG ST: Germany 
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