Lufthansa Technik: Component support for Avianca Brasil

The Brazilian airline Avianca Brasil and Lufthansa Technik AG have
signed a comprehensive Total Component Support (TCS®) contract,
covering repair and overhaul of components for the fleet of Avianca
Brasil. The fleets consist of Airbus A320 family and Airbus A330
long-haul jets. Component support of the Airbus fleet will be ensured
through a home base stock to be established in São Paulo, Brazil.

In addition, Lufthansa Technik will support Avianca Brasil in the
build-up of in-house capabilities, for example for the maintenance
and repair of A320 emergency slides and other safety equipment. As
part of the contract, Lufthansa Technik will also oversee the
production of Airbus A320neo aircraft Avianca Brasil has on order.
By performing independent checks during critical phases of the
aircraft production, Lufthansa Technik's Aircraft Production
Inspection Program (APIP) ensures enhanced quality.

Frederico Pedreira, Chief Executive Officer from Avianca Brasil,
said: "With Lufthansa Technik we have secured the support of a global
player in technical aircraft services, whose experience and
reliability we highly value. Lufthansa Technik is also the best
partner for our new A320neo fleet."

"This contract is a big success for Lufthansa Technik in the highly
competitive South American market. As a strong partner, we are
looking forward to supporting Avianca Brasil during the successful
expansion of their business," said Frank Berweger, Vice President
Sales Americas from Lufthansa Technik.