Lufthansa Technik Becomes Largest MRO Service Provider for Avianca

April 14, 2015
It Is providing a Total Component Support TCS® for the Boeing 787 fleet of Avianca and a 10-year TCS® for the current fleet of 16 Airbus A330 passenger and cargo aircraft, including home base support in Bogota and Medel

Avianca Holdings Group and Lufthansa Technik AG, international provider of technical services for commercial aircraft, have recently signed several MRO (maintenance, repair & overhaul) contracts, making Lufthansa Technik the largest components maintenance provider of the airline group.

The two companies reached the following agreements:

Lufthansa Technik is providing a Total Component Support TCS® for the Boeing 787 fleet of Avianca, currently consisting of four aircraft; with further eleven to be delivered. The contract will run over ten years and covers component maintenance, repair, overhaul as well as Home Base support at the airline's home base in Bogota, Colombia. The component supply will be realized via the Lufthansa Technik component network in the United States and Europe. Lufthansa Technik has already been supporting Avianca in the production phase of the 787 via its aircraft production inspection teams which are permanently based at Boeing in Seattle and Charleston, moreover the entry into service has been supported with specialist located at Bogota.

Additionally, Lufthansa Technik is also providing a ten-year TCS® for the current fleet of 16 Airbus A330 passenger and cargo aircraft, including home base support in Bogota and Medellin.

The two companies recently also signed a ten-year Total Component Maintenance TCM contract for the whole Airbus A320 fleet of the Avianca Holdings Group of currently around 100 aircraft. Lufthansa Technik will support Avianca with an aircraft production inspection team for the 33 A320 neo which Avianca has ordered at Airbus.

Miguel Montoya, Technical VP of Avianca Holdings, commented the signing of the contracts: "Avianca is very pleased with the new contracts for the component support for the Boeing 787, Airbus A330 and A320 fleets with Lufthansa Technik. The signature has strengthened our relationship and has made Lufthansa Technik the number 1 provider for components maintenance for the Avianca Holding Group. We also appreciate Lufthansa Technik's assistance in the design of the lay-out and process using LEAN methodology at our new MRO hangar in Medellin, Colombia. This is exactly what we, Avianca Holdings Group, expect from a partnership with a big MRO and Lufthansa Technik has delivered it."

Wolfgang Weynell, SVP Corporate Sales & Marketing at Lufthansa Technik, added: "I want to thank the Avianca/Taca Holding for the trust they placed in us. The signing of these contracts is a great success for the Lufthansa Technik Group in the growing and highly competitive market. As a strong partner we are committed to support the Avianca/Taca Holding with the successful expansion of their business. "

Since December 2013 Lufthansa Technik is already offering airframe related component support for thrust reversers and nacelles of the following engine types within Avianca Holdings Group (CF6-80, Trent 700, CF34-10, CFM56-5 and V2500,) over a period of ten years.

Lufthansa Technik and Avianca are also about to sign a ten-year TCM contract for engine related components of the V2500 engines of Avianca Holdings Group A320 fleet. In the field of engine cleaning Avianca has leased two Cyclean engine wash systems from Lufthansa Technik which can be used for all engine types in Avianca's fleet.

Besides technical services Avianca has also obtained consultancy support from Lufthansa Technik for the lay out and processes design of the new MRO hangar in Medellin, Colombia. After completion of the building, Lufthansa Technik will also support the installation and optimization of the appropriate backshops on-site.

*About Avianca Holdings S,A, Avianca Holdings S,A,  (NYSE: AVH)

(BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S,A, Avianca (Avianca),Tampa Cargo SA, incorporated in Colombia, Aerolineas Galapagos SA  Aerogal, incorporated in Ecuador, and the TACA Group companies: TACA International Airlines SA, incorporated in El Salvador, Lineas Aereas Costarricenses SA, LACSA, incorporated in Costa Rica, Transamérican Airlines SA TACA Perú, incorporated in Perú, Servicios Aéreos Nacionales SA, SANSA, incorporated in Costa Rica, Aerotaxis La Costeña SA, incorporated in Nicaragua and Isleña de Inversiones SA de CV ISLEÑA, incorporated in Honduras.

Lufthansa Technik:

The Lufthansa Technik Group, with more than 30 subsidiaries and about 26,000 employees worldwide, is one of the leading providers of services for the aviation industry. 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.