Hamburg, October 24, 2017 - Georgian Airways, the Tbilisi based
airline, and Spairliners, a market leader in Aircraft Component Care
based in Hamburg, Germany, have signed a multi-year contract for
all-embracing component maintenance services of two Embraer E190
aircraft. The contract comprises pool access and component repair
services for Georgian Airways.

Spairliners supports Georgian Airways with spare parts from its
large-scaled component pool in Munich and Paris. Hereby, smooth
flight operations will be ensured in an efficient and timely manner.
The agreed component repair services are carried out by Spairliners'
parent companies Lufthansa Technik AG and Air France Industries KLM
Engineering & Maintenance. Both companies are market leaders in the
MRO industry and have extensive in-house capabilities and repair
shops all over the world.

By this contract, Spairliners builds on a long and successful
business relationship existing between Lufthansa Technik and Georgian
Airways since many years. "We are thankful for Georgian Airways'
confidence in us and we look forward to working closely with them.
With our technical know-how and our competitive cost structures, we
want to make a significant contribution to the success of Georgian
Airways in the Eastern European aviation market", Sven-Uve Hueschler,
CEO at Spairliners, says.

This is the second customer Spairliners gained in Eastern Europe
since beginning of 2017. In March, Ukraine International Airlines
signed a long-term Repair, Lease and Exchange Agreement with
Spairliners for its 5 E190 aircraft.