Safran Nacelles and Lufthansa Technik have today signed a license
agreement for the Maintenance, Repair and Overhaul (MRO) of Airbus
A320neo's LEAP-1A nacelles. Over 2,500 nacelles produced by Safran
Nacelles are currently in service on Airbus A320neo aircraft that are
powered by CFM International's LEAP-1A engines*.

Lufthansa Technik is becoming a member of Safran Nacelles' licensed
MRO network. The company will be able to carry out warranty tasks,
repairs and modifications guaranteed by Safran Nacelles, the OEM**.
Thus, in combination with its existing rotable asset pool of LEAP-1A
spares, Lufthansa Technik can offer its customers spare availability
from OEM stock locations and MRO services. A320neo operators will
benefit from Safran Nacelles and Lufthansa Technik's extensive repair
experience and are assured to find a station nearby so that repair
time can be shortened and the cost of logistics reduced. With this
partnership, both companies will jointly ensure the highest standards
in nacelle MRO for the growing fleet of Airbus A320neo.

Alain Berger, Safran Nacelles' Executive Vice President - Customer
Support & Services, stated: "I look forward to sharing with Lufthansa
Technik our best OEM quality standards. Operators of the A320neo
nacelles can therefore rest assured that they will benefit from the
best repairs in an extensive network of global stations."

"We are delighted to extend our long standing partnership with Safran
Nacelles through this MRO license", said Andreas Drosdowski, Vice
President Aircraft Component Services at Lufthansa Technik. "The
LEAP-1A engine type represents a major part of the future of
Lufthansa Technik's nacelle portfolio and the long term commitment to
providing top level spare availability and MRO services to our valued