Lufthansa Technik Component Services expands workshop in Tulsa and increases footprint in the Americas

Lufthansa Technik Component Services (LTCS) has substantially
expanded its workshop in Tulsa, Oklahoma. With an opening ceremony on
13 November, the Lufthansa Technik subsidiary officially started
operation of the new component shop. Providing a shop floor area of
10,700 square meters (115,000 square feet), the facility has doubled
in size. Additional capabilities and an enhanced logistics network in
the region furthermore increase the performance and service portfolio
of the company.

For Lufthansa Technik the portfolio expansion is a major increase of
its footprint in the Americas. Stephen Fondell and Dirk Ripa, who
jointly share the responsibility as Co-Managing Director and Head of
Product Division Components Americas, explain the move. Dirk Ripa
underlines: "To meet the demands of our customers, we have added a
large number of services to our portfolio." Stephen Fondell says: "By
ensuring work is done in the region for the region, we are
forecasting an annual growth rate of more than 20 percent."

In view of the capability expansion and the focus on increasing
Boeing 737 capabilities, the number of employees is expected to rise
as well. Lufthansa Technik Component Services today employs close to
600 employees at its eight locations throughout North America.
Numerous changes have also been implemented to secure the supply
chain in the region, including the establishment of new processes.
Complementing the workshop expansion, Lufthansa Technik also opened a
new regional office in Miami, Florida, in October. The office employs
about 150 employees, with corporate sales and other commercial and
operational services such as a 24/7 AOG desk and material trading
being co-located here. By combining the different product divisions
under one roof in the region, Lufthansa Technik ensures a more
aligned and efficient market approach.

Dirk Ripa says: "Our consistent growth in the Americas shows that our
commitment is not only fostering trusted relationships with airline
customers in the region, but also paving the way to a very promising
future." Stephen Fondell explains: "Besides increasing our regional
production footprint to be closer to our customers, gaining a better
understanding of the evolving needs of the market will allow us to
develop next-generation customized solutions for their problems."

With the expansion of the Tulsa facility and the other developments,
Lufthansa Technik is strengthening its position as a trusted
strategic partner to airlines and operators of commercial aircraft in
the Americas. By the end of the year, further branch offices will be
opened in Bogotá, Colombia, and Mexico City, Mexico.