SAS and Lufthansa Technik sign 7-year component services contract

SAS Scandinavian Airlines and Lufthansa Technik have signed a 7-year component supply contract, effective from March 15th, 2013, for the carrier's complete fleet of about 140 aircraft. Spare parts shall be supplied to the airline's home bases at Copenhagen, Stockholm and Oslo. The contract also includes IT-integration services, whereby both parties shall exchange ordering and process data electronically. This enables further efficiency gains for both parties.

The repair and pooling of the components will be done at Lufthansa Technik facilities. SAS Scandinavian Airlines shall be supported by a dedicated customer support team in addition to Lufthansa Technik's general 24/7 AOG Desk.

"We are very pleased to have entered into this agreement, which will secure high-quality, reliable delivery for us for many years to come. And I look forward to a long and successful cooperation with Lufthansa Technik," said Flemming Jensen, Executive Vice President, Chief Operating Officer & Accountable Manager, SAS Scandinavian Airlines.

August Wilhelm Henningsen, Chairman of the Executive Board at Lufthansa Technik, commented: "I am very proud that we have been able to finalize this large and very important contract with SAS Scandinavian Airlines. It clearly demonstrates that Lufthansa Technik is able to offer attractive prices and services also in a highly competitive and cost-driven market like Europe. As a strong partner we will offer an optimal component support to assist SAS in its business."

Within the framework of the TCS® contract, Lufthansa Technik's experts will take care of all aspects relating to daily component supplies for SAS.

SAS

SAS Scandinavian Airlines is Northern Europe's largest airline with more than 900 daily flights to 150 destinations throughout the world.

Together with its 26 partners in the Star Alliance the airline flies to over 1000 destinations worldwide in 175 countries. Scandinavian Airlines has 138 aircraft in operation. The fleet comprised 10 long haul aircraft, 116 short-haul aircraft, and 12 regional jets.

Lufthansa Technik

With more than subsidiaries and affiliated companies and more than 26,000 staff worldwide, the Lufthansa Technik Group is one of the world's leading independent providers of aircraft-related technical services. Lufthansa Technik's portfolio covers the entire service spectrum of maintenance, repair, overhaul, modification and conversion, engines and components for passenger aircraft.