Lufthansa Technik AG and the American component manufacturer Crane
Aerospace & Electronics have agreed on a cooperation covering
component supply for Europe, the Near and Middle East and Africa
(EUMEA) as well as Asia Pacific (APAC). Lufthansa Technik will
support the urgent supply of a number of components to all customers
in these regions on Crane's behalf.

The cooperation was initially concluded for a term of five years and
covers in particular all the components and systems for the strongly
growing fleets of the Boeing 737 (NG and MAX) and Airbus A320
(ceo/neo) aircraft families, including, for instance, pumps, valves
and wheel speed transducers.

In the event of unplanned technical problems such as Aircraft on
Ground (AOG) or work stoppage where Crane is unable to meet the
customer's timeline, Lufthansa Technik supports the customer using
their worldwide logistic network and stocking locations to supply
Crane components fastest possible on-site. In the EUMEA or APAC
region customers can contact either Crane or Lufthansa Technik
directly for support.

"Lufthansa Technik's cooperation with Crane Aerospace & Electronics
guarantees optimum urgent supply for our future joint customers,"
says Eckhard Freimuth, Senior Manager Aerospace Industry Projects at
Lufthansa Technik.

Brian Barrett, Vice President - Aftermarket at Crane Aerospace &
Electronics, adds: "I'm convinced that Lufthansa Technik will be an
ideal partner with Crane to provide excellent service and a worldwide
network enabling our customers in EUMEA and APAC to be supplied
quickly with the components they need. Crane and Lufthansa Technik
will continue to evaluate our customer's needs and discuss further
cooperation as required."