Lufthansa Technik: Component supply for Pan Pacific Airlines

Lufthansa Technik AG has been commissioned with comprehensive
component supply for the fleet of A320s operated by the Philippine
carrier Pan Pacific Airlines. The Total Component Support (TCS®)
contract with a term of six years will take effect on 1 November
2017.

The integrated component support comprises the repair and overhaul of
components as well as pooling and spare part leasing at the airline's
home base. To safeguard Pan Pacific Airlines' daily operations,
Lufthansa Technik guarantees 100 percent reliable deliveries from its
TCS® pool of more than 100,000 different components.

This exclusive agreement was signed on 1 November during MRO
Asia-Pacific. Patrick Dee, Vice President at Pan Pacific Airlines,
said: "We are delighted to have signed up with a brand name like
Lufthansa Technik, the market leader for A320 components. The
comprehensive component pooling arrangements as well as Lufthansa
Technik's regional pools in Hong Kong and Singapore ensure that our
operations are well supported as we look to further expand our
network."

Zang Thio, Lufthansa Technik Senior Director Sales South-East Asia &
Indian Subcontinent, said: "We are honored to have expanded our
customer portfolio in the region with Pan Pacific Airlines. This
strengthens our market position on the Airbus A320 further as we
continue to align our support model to the demands of this rapidly
growing region."

Lufthansa Technik already looks after a number of important Asian
airlines. As an independent MRO organization, Lufthansa Technik has
been anchored in the region for a long time and is a valuable
partner. The company strengthened its commitment to the growth market
of Asia last year with the founding of Lufthansa Technik Component
Services Asia Pacific and the simultaneous startup of a new location
for component supply in Hong Kong. The new warehouse and the
company's existing locations in Singapore and Tokyo add up to an
extensive network for customer care in the Asian region.