The Israeli airline EL AL Israel Airlines Ltd. and Lufthansa Technik AG have signed a comprehensive, long-term agreement. In the frame of a 15-year Total Component Support (TCS®) contract, Lufthansa Technik will ensure the global and prompt component supply of the carrier's future Boeing 787 fleet. EL AL has ordered a total of 16 Dreamliners, with the first aircraft to enter service in the EL AL fleet in the third quarter of this year.

The new and exclusive TCS® agreement strengthens the cooperative partnership between Israel's flag carrier and the Hamburg, Germany based maintenance, repair and overhaul provider. The contract covers the global availability of Boeing 787 components. In addition to stocking the inventory at EL AL's hub at Ben Gurion International Airport near Tel Aviv, Lufthansa Technik will supply EL AL through its global spare parts pools in Asia, America and Europe.

David Maimon, CEO of EL AL, comments: "The 787 as the latest and most advanced aircraft in the world will allow us to enhance passenger service and the overall flight experience. I am convinced that with its advanced component support and service level guarantees Lufthansa Technik will be an important partner for us."

Dr. Johannes Bussmann, CEO of Lufthansa Technik, said: "We are very proud that EL AL has decided to put its trust in our far-reaching portfolio of Boeing 787 services. We look forward to supporting EL AL's Dreamliner fleet with our extensive material supply capacities. The contract furthermore underscores our commitment to be the best partner to support airlines of any size and mix, and especially the newest aircraft generation."