Lufthansa Technik AG and GE Aviation have entered into a long-term cooperation agreement related to material supply, which also extends to the supply of OEM spare parts, and parts repairs of CF6-80C2 and CF34 engines operated by Lufthansa Technik's customers.
As part of this agreement, Lufthansa Technik and GE will jointly develop and utilize each other's component repairs as well as other support elements for their respective maintenance, repair and overhaul services.
"GE Aviation and Lufthansa Technik have deep experience in developing innovative component repair and overhaul solutions for their customers," said David Joyce, president and chief executive officer of GE Aviation. "By working closely together, we anticipate increasing the number of component repair and overhaul technologies developed each year to further help our customers lower their cost of ownership."
"Over the last years, we have forged a good relationship with GE, based on the development of joint engine parts repairs and engine overhaul processes, and with this agreement we are furthering this relationship by increasing the use of GE spare parts, while also collaborating to reduce engine maintenance costs," said August Henningsen, CEO of Lufthansa Technik.
Lufthansa Technik (http://www.lufthansa-technik.com) is one of the leading providers of maintenance, repair, and overhaul services for jet engines. With tailored maintenance programs and state-of-the-art repair methods, Lufthansa Technik ensures the unbroken reliability and availability of its customers' fleets. Lufthansa Technik is an internationally licensed maintenance, production and development organization. The six business units of Lufthansa Technik (Maintenance, Overhaul, Component Services, Engine Services, VIP Services and Landing Gear Services) serve about 750 customers worldwide.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. For more information, visit us at www.ge.com/aviation.
CFM will supply OEM replacement parts, component repairs, and repair technology to Lufthansa Technik.
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