Lufthansa Technik: 5-Year Component Supply for Brazilian Carrier Azul

Jan. 20, 2015

Hamburg/Germany based maintenance, repair and overhaul (MRO) provider Lufthansa Technik AG and the Brazilian low fare airline Azul Linhas Aéreas Brasileiras have signed a comprehensive long-term component supply contract for the airline's Airbus A330 fleet of seven A330-200 aircraft. The contract will run until end of 2019.

Azul, Brazil's largest airline by number of cities served, commemorated its first international flight within December 2014, using its newly acquired A330 fleet.

The Total Component Support TCS® agreement covers component maintenance, repair, overhaul and engineering services as well as pooling and Home Base Lease at the airline's home base in Campinas/Viracopos. The component supply will be realized via the Lufthansa Technik component network in the United States and Europe.

"We are extremely pleased to partner with Lufthansa Technik for our

A330 component support. Lufthansa Technik convinced us, that even a large MRO provider could customize its services to the individual needs of an airline who is building an international high-frequency operation that requires a high level reliability and availability", said Amir Nasruddin, Director Aircraft Programs & Procurement of Azul.

Joerg Femerling, Director Sales of Lufthansa Technik commented: "I would like to thank Azul for the trust they have placed in us. This contract signature is a large success for us in the growing but highly competitive Brazilian market. As a strong partner we will offer an optimal component support to assist Azul in its successfully expanding business."

About Azul Linhas Aéreas Brasileiras:

Azul has been the fastest growing airline in Brazil since it commenced operations in December 2008 and currently has the largest airline network in the country in terms of cities served, with service to more than 100 destinations. In December 2014 Azul has expanded its operations with selected non-stop service to the United States. With a 32% departure share in the Brasilian aviation market, Azul has established itselve as the third largest airline in the country. Currently Azul operates a fleet of seven Airbus A330-200, 78 Embraer 190/195 and 59 ATR 42/72. The airline has also ordered five Airbus A350-900 and 63 A320 neo aircraft.

Lufthansa Technik:

The Lufthansa Technik Group, with more than 30 subsidiaries and associates and over 26,000 employees worldwide, is one of the leading manufacturer-independent providers of technical services for the aviation industry. Its portfolio encompasses the entire spectrum of services for commercial aircraft: maintenance, repair, overhaul, modification and conversion, engines and components.