Avelo Airlines has recently awarded Lufthansa Technik with a contract
to supply material for its growing fleet of Boeing 737NG aircraft.
This agreement is the first cooperation between the two companies. In
the years ahead, Lufthansa Technik will provide Avelo with
Consumables and Expendables to support the new low-fare airline as it
grows. Lufthansa Technik operates an extensive network of supply and
MRO facilities and guarantees Avelo industry leading performance with
this agreement.

Avelo commenced operations in April 2021, and currently operates a
fleet of eight 737NG aircraft (five 737-700s and three 737-800s). The
airline plans to add additional 737NGs to its fleet by the end of

"Avelo Airlines is pursuing an ambitious growth plan, something that
would be impossible without the strong support of our partners," said
Gary Martin, Avelo's Head of Technical Operations. "We rely on
Lufthansa Technik, whose renowned reliability will help us achieve
the operational performance our customers expect from Avelo."

"We thank Avelo for the trust they put in us and we are eager to
justify it with outstanding reliability and service in order to
strongly support Avelo on their growth path," said Constantin
Zachrau, Senior Director Corporate Sales Americas at Lufthansa