Long-term support agreement for Airbus A320 family engines

Exclusive contract covers both legacy CFM56 type and new CFM LEAP*

StarFlyer and Lufthansa Technik recently signed a long-term exclusive
contract for MRO (maintenance, repair and overhaul) services on the
engines of the Japanese airline's Airbus A320ceo and A320neo fleets.
Under the terms of the contract, Lufthansa Technik will provide
StarFlyer with comprehensive technical support for CFM56-5B and
LEAP-1A powerplants even into the next decade. The MRO company is
thus further expanding its customer base for the modern LEAP engine
in Asia.

StarFlyer has recently received its first LEAP-equipped Airbus
A320neo aircraft and plans to begin operating it from July 4. It will
be followed successively by two more of this type, which are
scheduled to join the fleet in 2024 and 2025. The three A320neos
complement the current fleet of ten active Airbus A320ceo, for whose
CFM56 engines Lufthansa Technik will also provide a wide range of MRO
services. These range from basic inspections, boroscopy, AOG support,
on-wing troubleshooting, engine condition monitoring and engine parts
repair to complete overhauls that restore the engines to "as good as
new" condition.

"Lufthansa Technik has been an important partner for us to support
our reliable operations of A320 fleet since March 2006 when we
started our flight operations," said Toshihiko Noguchi, Senior Vice
President Engineering and Maintenance Division at StarFlyer. "I am
looking forward to establishing a stronger and longer relationship
between Lufthansa Technik and StarFlyer by this renewal of the Engine
Maintenance Service Agreement which will support LEAP-1A engines as

"StarFlyer is indeed one of our most loyal customers. Since March
2006, we have also been able to steadily expand our intensive
cooperation, which already covers components, landing gears and
engines," explained Dennis Kohr, Senior Vice President Corporate
Sales Asia Pacific at Lufthansa Technik. "With the now agreed
exclusive engine MRO services, we are privileged to further extend
this great partnership, for which we are very grateful to StarFlyer."

*Lufthansa Technik is an authorized LEAP-1A and LEAP-1B Service
Provider licensed by CFM International.