Business | Aviation
Lufthansa Technik expands in region
Adds Oman Air to list of maintenance partners
- Staff Report
- Published: 00:00 November 19, 2009
Dubai: Lufthansa Technik, one of the world's largest aircraft maintenance, repair and overhaul (MRO) service providers, is expanding in the region with a major tie-up with Oman Air that will see the development of a large hanger through a joint venture, a top official said.
The Hamburg-based company has major maintenance tie-ups with airlines in the region including Emirates, Etihad, Qatar Airways and Saudi Arabian Airlines.
Lufthansa Technik and Oman Air signed a memorandum of understanding (MoU) to develop the maintenance hanger in Muscat that will enhance Oman Air's maintenance capabilities as its fleet matures, requiring major tests - such as C Check and D Checks.
The airline, which is adding aircraft to the fleet regularly, will require the capabilities. The new joint venture will help the airline to attain that.
"We haven't decided on the partnership details, however, it's more likely to be a joint venture. I do not have the investment details, which will be decided as we start negotiations," August Wilhelm Henningsen, chairman of Lufthansa Technik's board, said.
More than 300 technicians and mechanics will offer aircraft maintenance through to light C-Checks for Airbus A330s, Boeing 737NG, Embraer and ATR aircraft.
"With this strategic partnership, we are strengthening a well-established cooperative relationship. In the future, we will be able to offer technical services directly in Oman to customers in the region that is one of the growth markets of international aviation," he said.
On the basis of the intended contract, from January 2010, a total of 15 C-checks will be carried out for Lufthansa Technik's new partner.
More from Aviation
More from Business
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular
