LTLS Takes Responsibility for Transport Logistics for Lufthansa Technik Puerto Rico

Lufthansa Technik Puerto Rico (LTPR) has entrusted its spare part logistics to Lufthansa Technik Logistik Services (LTLS). The contract is already in force and is to run for one year and will extend automatically unless canceled by one of the parties.

As part of the contract, LTLS will take on responsibility for all inbound and outbound transports from the U.S., Europe, and Asian countries to Aguadilla, Puerto Rico, including customs clearance. In addition to routine transports, AOG consignments are also included as well as special transports, such as transporting engines. The consignments are primarily transported by air freight in order to ensure that the spare parts are on site as quickly as possible.

"We are delighted at the trust Lufthansa Technik Puerto Rico is placing in our transport services. Because the location is still regarded as in development, we expect the consignment volume to grow to approx. 9,000 units per year. We expect average revenue of up to three million euros per year," says Dr. Christian Langer, Managing Director of LTLS.

"The transport concept developed by LTLS for LTPR really appeals to us," says Elmar Lutter, Managing Director of Lufthansa Technik Puerto Rico. "The best transport routes are sought in each case in order to minimize turnaround times and costs."

Lufthansa Technik Logistik Services GmbH:

Lufthansa Technik Logistik Services GmbH (LTLS), a wholly-owned subsidiary of Lufthansa Technik AG, is a leading provider of logistics solutions for the aviation industry. The wide spectrum of services ranges from transport management including engine and AOG transport through to complete warehouse management. Founded in 1998, the company now has a workforce of more than 1,300 employees. LTLS recorded a turnover of some 215 million euros in 2014.

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.