Aerospace Diary

Singapore Air Show » February 16, 2012 by  Neelam Mathews Lufthansa Technik Philippines.   Weak airline profits are increasing pricing pressure on the maintenance, repair and overhaul (MRO) market. That’s a big challenge–but by no means the only one–facing MRO providers in 2012, the Year of the Dragon, according to Lufthansa Technik chairman August Henningsen. “We’re happy we’re in a growth market, not a shrinking one,” he told a press conference in Singapore yesterday. LHT has a not insignificant 60-customer presence in the Asian market, and this week the German group has been confirming more new business. Yesterday, SriLankan Airlines signed a five-year component supply contract through which LHT will support its Airbus A320 fleet. Spare parts will be supplied to the airline’s home base at Bandaranaike International Airport in Colombo, whic...

Neelam Mathews Singapore Feb 10, 2012 Lufthansa Technik Philippines (LTP), one of the largest providers of aircraft maintenance services in Asia, has opened a third hangar in Manila for work on widebody aircraft. With this step, the company is preparing for the technical support of the world's largest commercial aircraft. Lufthansa Technik Philippines, a joint venture between Lufthansa Technik (51%) and the Philippine MacroAsia Corporation (49%), invested USD 30 million in the construction of the new hangar, which is 8,500 square meters large and 35 meters in height. The new hangar offers space to work simultaneously on one widebody and two narrowbody aircraft. "With the new hangar, we will be able to keep up with the increasing demand for technical services for long-haul aircraft, particularly in the Asian market," said Lufthansa Technik Chairman of the Executive Board, August Wilhelm Henningsen. "By adding A380 capability, it underscores Luftha...