Saudi-Arabia's low cost airline flyadeal and Lufthansa Technik have
signed a comprehensive aircraft engineering services contract. The
contract will run over four years and will cover the complete
flyadeal A320 fleet.

One of the major components of the agreement is the set-up of a new
maintenance control center. This will include a full Continuing
Airworthiness Management Organization (CAMO) and aircraft engineering
support from Lufthansa Technik. Lufthansa Technik will also organize
trouble shooting and will help flyadeal to establish an optimized
maintenance program which allows highly efficient operations due to
an optimized maintenance schedule.

CEO of flyadeal, Con Korfiatis said, "flyadeal was launched in late
September to serve the rapidly expanding travel market in Saudi
Arabia and more broadly in the region. We plan to grow the airline
quickly and have put the pillars in place for a high quality
operation operating world's best practice with the support of the
world's best partners. We are very pleased to partner with Lufthansa
Technik, who shares our vision and brings the highest standards to
our maintenance organization."

"We are very proud that flyadeal has selected us to accompany them on
their growth path right from the beginning," said Robert Gaag, Vice
President Corporate Sales Europe, Middle East, Africa from Lufthansa
Technik. "We are sure that our offer will be able to fulfill the
service and business model expectations of flyadeal. We are looking
forward to cooperate with this new low cost carrier in the next
years."

Further services for flyadeal for example include compliance
assessment of airworthiness authority requirements and manufacturer
recommendations, reliability management, monitoring of life limited
parts (LLP) and product engineering support.