Lufthansa Technik Extends Cooperation with Jazeera Airways

The Middle East's fastest growing airline Jazeera Airways has selected Lufthansa Technik AG, the leading provider for maintenance, repair and overhaul (MRO) of airplanes, components and engines, to support the thrust reversers of their Airbus A320 family aircraft. With the signing of the new contract at Dubai Airshow the airline extended the existing Total Technical Support TTS® contract by an additional volume of about 38 million US dollar.

The new contract covers the five aircraft in operation as well as the future airplanes which are going to be phased in the next couple of years. Last June, Jazeera Airways placed a firm order with Airbus for 30 additional Airbus A320 aircraft with delivery schedule from 2007 till 2014. Once the aircraft are delivered, Jazeera Airways will be the largest A320 operator in the Middle East. The CFM56-5B thrust reversers will be maintained by Lufthansa Technik's ARC® (Airframe Related Components) shop in Hamburg. The agreement covers also home base stock as well as spares supply on ad-hoc services and is in place for ten years for each aircraft.

In 2005 both partners signed the Total Technical Support TTS® contract under which Lufthansa Technik provides encompassing engineering services and complete component support covering all related parts and including a participation in Lufthansa Technik's component pool rounds off the existing cooperation. At Farnborough International Airshow 2006 the contract was extended by a Total Engine Support TES®.

Jazeera Airways Chairman and CEO Mr. Marwan Boodai said "From the beginning we have been selecting the best partners to help us keep our ambitious goals; Lufthansa Technik as one of the most renowned providers in the industry is definitely a key factor for our success."

"With the signing of another contract Jazeera Airways places its trust again in Lufthansa Technik - that makes us very proud and happy." said August W. Henningsen, Chairman of Lufthansa Technik.

Jazeera Airways, which took its first flight on October 30 2005, is the first privately owned airline in the Middle East, and is the only airline in the Middle East that is neither owned nor subsidized by any government.

As of now the young airline already operates five aircraft out of two hubs (Kuwait and Dubai), which fly to 23 different destinations, including the Maldives, Cyprus, Beirut, Amman, Bahrain, New Delhi and Mumbai.