Austrian Airlines has contracted Lufthansa Technik AG to overhaul the engines of its Airbus A320 family aircraft. The agreement further expands the long-standing cooperation of Austrian, a member of the Lufthansa Group since 2009, and Lufthansa Technik. The contract, which extends over a period of eight years, covers all CFM56-5B engines powering the 21 A320 family aircraft of Austrian Airlines.
"This contract is another important milestone in the successful partnership of Austrian and Lufthansa Technik," explained Dr. Thomas Stueger, Chief Executive Product and Service of Lufthansa Technik. At the end of 2007, Austrian Airlines and Lufthansa Technik have agreed on a close cooperation in technical services.
The Hamburg-based company offers the entire bandwidth of engine services, ranging from maintenance, repair and overhaul to engineering services and logistics including spare engine support.
Lufthansa Technik has been providing support for Austrian Airlines' CFM56-7B and PW4000 engines powering the carrier's Boeing 737 and 767 fleets. These aircraft as well as the airline's Boeing 777 and Airbus A320 family jets are also supported with component and landing gear services. Austrian itself is an exclusive provider of component services to Lufthansa Technik for selected component groups. The cooperation is also very fruitful in the area of engineering services for the Boeing 777: Together Lufthansa Technik and Austrian are able to support customers operating this aircraft type which is also in service with Austrian.
The Lufthansa Technik Group, with more than 30 subsidiaries and about 26,000 employees worldwide, is one of the leading manufacturer-independent providers of services for the aviation industry. In 2009, the Group's overall revenues stood at 4 billion euros. 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.