Lufthansa Technik keeps high level of workload in the VIP-completion business

Lufthansa Technik’s “VIP & Executive Jet Solutions” Division is in
the final preparations for the second VIP Boeing 747-8 completion in
Hamburg. The aircraft of an undisclosed customer is expected to
arrive before end of December. The VIP-business experts of Lufthansa
Technik are currently preparing the installation of a unique cabin
interior and a state-of-the art in-flight entertainment & cabin
management system. The first VIP 747-8 is already undergoing a
completion at Lufthansa Technik in Hamburg since its arrival at the
end of August.

The contract for the second 747-8 was signed during the Dubai Airshow
in 2011. With the arrival of this aircraft Lufthansa Technik will
work on three widebody and one narrowbody aircraft completion in
parallel in Hamburg.
Additionally, another narrowbody-line is currently used for a major
refurbishment project by Lufthansa Technik’s VIP-maintenance business
unit.

Lufthansa Technik’s US-Subsidiary BizJet International which is
focusing on narrowbody aircraft completions on its three lines plans
to open a fourth line in the first half of 2013. Due to the
partnership with Airbus in the ACJ318 completion program and
individual projects just a few free slots are left until mid of 2014.

“Thanks to our careful strategy and the precisely controlled build-up
of capacities and capabilities we will be able to handle this high
workload without any compromise in quality or adherence to schedules.
The current projects give us a sound capacity utilization until end
of 2014 and we have some promising talks with potential customers to
utilize our capacities also beyond this date,” said Walter Heerdt,
Senior Vice President Marketing & Sales at Lufthansa Technik. “We are
also pleased about the business perspective for our VIP-maintenance
services in 2013. Our tailor-made products offer highly
individualized solutions for our VIP customers including mobile
service teams which maintain the aircraft at its homebase.”

Lufthansa Technik prepared the completion of the new 747-8 aircraft
types with intensive engineering planning, qualification programs,
assembly of all the production resources and implementation of the
necessary modifications in the aircraft hangar. Both aircraft are
expected to be delivered back to their owners in 2014.

Together with its US-subsidiary BizJet International, Lufthansa
Technik has to date completed and modified over 80 widebody and
narrowbody aircraft for private and government customers, among them
more than 15 Boeing 747 jumbos.