Asiana Airlines has signed a comprehensive component support contract with Lufthansa Technik AG. Under the terms of the new agreement, Lufthansa Technik will provide Total Component Support (TCS®) for theentire Asiana Airlines fleet of Airbus A320 family aircraft, including the A321neo version joining the fleet in the future. Started in July 2019, the contract has a duration of ten years and covers a maximum of 79 aircraft.

Danny Kim, the General Manager of Asiana Airlines, said: "Lufthansa Technik is a strategic partner for us who has proven over years that it can guarantee long-term security in the material supply of our fleets. We are convinced that this successful cooperation will also prove itself in the component supply of our new A321neo aircraft."

Kijung Shin, Corporate Key Account Manager Lufthansa Technik, said: "During the past decades, Lufthansa Technik has always been committedto providing customized services and optimal solutions to Asiana. Thenew contract underlines the trust of the airline in our credibility and reliability and motivates us to raise our all-round performance to an even higher level."

The contract holds provisions for being converted from an integrated Total Component Support (TCS®) agreement including pooling to a TotalComponent Maintenance (TCM) closed-loop component repair and overhaulsupport in the mid-term.

Lufthansa Technik and Asiana Airlines have been working together for more than 25 years already. Lufthansa Technik also provides componentmaintenance for the Asiana Boeing 777-200ER fleet, an integrated Total Component Support for the airline's Airbus A320, A330 and A350 fleets as well as V2500 and CF6 engine support and heavy maintenance for the carrier's Airbus A380 fleet.