Lufthansa Technik to provide component support for Avianca

Lufthansa Technik and the Colombian carrier Avianca have signed a
comprehensive Total Component Support (TCS®) contract covering repair
and overhaul of components for Avianca's Boeing 787 fleet. The new
contract will provide pool support for up to 16 aircraft in the next
nine years solidifying the partnership between the companies that
started more than ten years ago.

Álbert Pérez Subiros, Avianca's Vice President of Maintenance, said:
"The agreement we have reached with Lufthansa Technik is in line with
our goal of becoming an increasingly competitive airline. Through
this contract, we will be able to have on-time availability of 787
components, making our cost scheme more efficient, while guaranteeing
quality, reliability and availability of the double-aisle fleet in
our long-range network."

"We are delighted to further strengthen our partnership with Avianca
and continue to build on our relationship for years to come. With
enhanced material supply and logistics, our Total Component Support
TCS® ensures optimal availability for Avianca's fleet of Boeing 787
aircraft," said Georgios Ouzounidis, Vice President Corporate Sales
for The Americas at Lufthansa Technik.

With this TCS® agreement, Avianca now benefits from an individual
supply concept that enables short and rapid transport paths.
Lufthansa Technik already provides Avianca with comprehensive
component support with Single Component Maintenance SCM®.