Lufthansa Technik to provide component services for Azerbaijan Airlines

Five-year contract regarding the supply of spare parts and components
for Boeing 787 fleet

Expansion of market share in the CIS region

Azerbaijan Airlines and Lufthansa Technik AG have signed a
comprehensive five-year contract regarding a Total Component Support
(TCS) for the Boeing 787 Dreamliner wide-body long-range fleet of the
Republic of Azerbaijan's national air carrier.

The carrier's first TCS contract, which comes into effect on May 1,
will significantly strengthen Azerbaijan Airlines' technical
operations. It will give the airline 24/7 access to Lufthansa
Technik's global spare parts pool network. Among other services, the
TCS includes an AOG (Aircraft On Ground) support that guarantees
Azerbaijan Airlines shortest possible delivery for time-critical
components. In an important strategic step for the provision of
maintenance and technical services, the contract has been tailored to
include additional flexibility, so that it can easily cover the
carrier's planned fleet expansion.

"Ensuring flight safety is Azerbaijan Airlines' highest priority,"
says Samir Rzayev, First Vice President of Azerbaijan Airlines. "The
signing of an agreement with the leading component provider Lufthansa
Technik is another example of this."

"We are honored to support Azerbaijan Airlines on its growth path
through our proven component support, and we are especially honored
to service their flagship aircraft," added Andreas van de Kuil, Vice
President Sales Central Europe & CIS (Commonwealth of Independent
States) at Lufthansa Technik. "With this contract, we live up to our
outstanding reputation as a reliable partner in the global MRO
industry and further expand our market share in the CIS."