Lufthansa Technik Shenzhen and Asiana Airlines signed a five-year
agreement for technical support on V2500 thrust reverser. Under the
terms of the agreement, Lufthansa Technik Shenzhen will support
Asiana Airlines in developing its in-house capabilities for the V2500
thrust reverser and other related components by providing technical
training, tools and equipment as well as on-site support.

The aim is to establish a flexible and mutually beneficial
cooperation based on the respective expertise and needs of both
companies and to deepen their relationships. With the quality
standards and experience of Lufthansa Technik Shenzhen, Asiana
Airlines will take a significant step towards building its own repair
capabilities instead of outsourcing the services.

"This joint approach allows us to build innovative repair services
that cover more than the V2500 thrust reverser, with benefits such as
increased aircraft availability and a close relationship with a
world-class MRO service provider," said an Asiana representative on
behalf of Chang Young-il, Executive Vice President Maintenance &
Engineering at Asiana Airlines.

"The MRO cooperation between us and Asiana Airlines has been in place
for more than 25 years," said Gerald Steinhoff, Senior Vice President
Corporate Sales Asia Pacific at Lufthansa Technik. "We will offer our
customer full availability and fast access to capability