Long Term Component Supply Agreement for Boeing 787 with Spanish Carrier Air Europa

Aug. 3, 2015
They have signed a comprehensive long-term component supply agreement for the airline's future fleet of up to 22 Boeing 787 aircraft. The contract will start with the arrival of the first 787 in March 2016.

Lufthansa Technik AG, international provider for maintenance, repair and overhaul (MRO) services, and the Spanish private airline, Air Europa Lineas Aéreas S.A.U. (AEA), have signed a comprehensive long-term component supply agreement for the airline's future fleet of up to 22 Boeing 787 aircraft. The contract will start with the arrival of the first 787 in March 2016.

The Total Component Support TCS® agreement covers airframe and engine related component overhaul, engineering services as well as pooling and Home Base Lease. The component supply will be realized via the 
Lufthansa Technik facilities in Frankfurt and Hamburg.

"For Air Europa, assurance in quality and flight safety is a key topic", said Alberto Linés, Maintenance & Engineering Director from Air Europa. "In the past we made good experience with Lufthansa Technik's support in different technical services. This is the reason why we have decided to expand our partnership with Lufthansa Technik to component services for our new Boeing 787 fleet, the future core of our long-haul operation."

"We are extremely proud that Air Europa has put its trust in our capabilities to deliver the optimal component services for the new Boeing 787 fleet, making the airline our first 787 customer in Europa", said Georgios Ouzounidis, Director Sales Europe, at Lufthansa Technik. "This contract signature is the latest milestone in our long-lasting partnership which started in 2002. We will do our best to help ensure that Air Europa continues to meet its customers' expectations of providing a highly reliable product."

Since 2002 Air Europa has contracted Lufthansa Technik with different maintenance, repair and overhaul services. Currently, Lufthansa Technik is providing landing gear services for the airline's Boeing 737NG and Airbus A330 fleets and is also executing overhaul services for a certain number of CFM56-7 engines. Lufthansa Technik Aero Alzey is overhauling the CF34-10 engines of Air Europa's Embraer E-195 Fleet.

About Air Europa

Air Europa, founded in 1986, is the airline of Globalia Corporacion Empresarial, one of the largest touristic groups in Spain with its headquarter in Palma de Mallorca. Air Europa is full member of the Sky Team alliance and operates over 170 daily flights on domestic, European, North African and Trans Atlantic routes with Madrid as its major hub. Its fleet comprises of 14 Airbus A330, 20 Boeing 737NG, 11Embraer E-195 aircraft and will add 22 new Boeing 787 from 2016.

About Lufthansa Technik:

The Lufthansa Technik Group, with more than 30 subsidiaries and associates and over 26,000 employees worldwide, is one of the leading 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.