Aerospace and Defense
Company Overview of Lufthansa Technik AG
Lufthansa Technik AG provides maintenance, repair, overhaul, and modification services for the civil aviation industry worldwide. The company offers a portfolio of technology, training, and logistics services, as well as supplementary services for various aspects of aircraft operations. It also offers total technical support, total base maintenance support, line maintenance, base maintenance, engineering, composite repairs, modification, aircraft leasing and trading support, aircraft-on-ground services, and other aircraft services; total engine support, repair and overhaul, engine parts repair, auxiliary power units services, engine lease services, onsite support, life cycle services, and ot...
Weg beim Jaeger 193
Founded in 1994
Key Executives for Lufthansa Technik AG
Chairman of The Executive Board
Head of Finance and Member of the Executive Board
President and Chief Executive Officer of Lufthansa Technik Philippines Inc.
Chief Executive Officer of Lufthansa Technik Malta
Chief Executive Products, Services & It and Member of Executive Board
Compensation as of Fiscal Year 2014.
Lufthansa Technik AG Key Developments
Avianca Signs Numerous MRO Pacts with Lufthansa Technik
Apr 18 15
Avianca has accomplished the signing of a range of agreements with Lufthansa Technik (LHT) for delivering MRO services to the carrier. Among the newly signed MRO contracts, one is for Avianca's fleet of four B787s, and an additional 11 aircraft, still to be delivered. The newly settled deal will also facilitate the Colombian national airline to receive home base support from LHT at its site in Bogota, Colombia. Under the agreement, LHT will also deliver component maintenance on the airline s fleet of 16 units A330 passenger and cargo aircraft, comprising home base support at its Bogota and Medellin locations. Moreover, Avianca will receive maintenance services from the German firm for its A320 jets as part of a 10-year contract. The MRO will also provide support to the airlines latest order of 33 A320neo aircraft through deploying an aircraft production inspection team at the Airbus site. The company has already started delivering such support services for Avianca s fleet of B787 aircraft and has positioned its teams at the Seattle and Charleston facilities of Boeing.
Lufthansa Technik AG Announces Ten Year Component Supply Agreement with Frontier Airlines
Apr 17 15
Lufthansa Technik AG and Frontier Airlines have signed a comprehensive long-term component supply agreement for the airline's current and future fleet of Airbus A320 aircraft. The contract will run through November, 2024. The Total Component Support (TCS) agreement covers component overhaul and engineering services as well as pooling and Home Base Lease. The component supply will be realized via the Lufthansa Technik facilities in Miami /Fort Lauderdale and Los Angeles.
Aeroflot Russian Airlines and Lufthansa Technik Conclude Long-Term Agreement
Jan 12 15
Aeroflot Russian Airlines and Lufthansa Technik AG have concluded a long-term agreement for the provision of maintenance and repair services, or MRS, of aircraft components to the Russian aviation company on improved conditions. Lufthansa Technik became the winner of the tender for selecting a MRS supplier for aircraft components to all companies of Aeroflot Group. The new ten-year-long agreement will be valid from January 2015. It supersedes the contract that currently exists between the two companies. Due to effective management of material assets, unique quality and constant innovation of repair work, as well as individual approach to the service of customers based on the volume of work, Lufthansa Technik was able to offer the Russian partner the most beneficial conditions of cooperation.
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