Meggitt PLC and Lufthansa Technik AG Enter Partnership for MRO Services in Mainland China
Meggitt PLC, a leading international company specializing in high-performance components for the aerospace, defense and selected energy markets, and Lufthansa Technik AG, a leader in maintenance, repair and overhaul (MRO) services, sign an agreement for the provision of comprehensive component MRO services for commercial aircraft in mainland China.
Under the agreement signed at the Paris Air Show, Lufthansa Technik Shenzhen (LTS), a joint venture between Lufthansa Technik AG and Beijing Kailan Aviation Technology Co., Ltd., will build local MRO capabilities for Meggitt products including heat exchangers, valves, fire detectors and fire suppression. The partnership will provide customers in mainland China with world-class repair and service levels for a range of products delivered from LTS's 25,000-square-meter facility.
Asia is one of the fastest-growing regions for aerospace, with a large number of aircraft entering into service to meet growing passenger demand. An additional 4,700 aircraft are forecast to be delivered into the region over the next decade.
Stewart Watson, president of Meggitt's Services & Support division, says, "This is a long-term partnership for the fastest-growing market in the world and combines Meggitt's OEM know-how with Lufthansa Technik MRO expertise. We have invested significantly in all our facilities across Asia as part of our investment program in the region and have an established Singapore center of excellence, which opened in 2012. Our ability to offer our Chinese customers an in-country capability will enhance the consistent, world-class levels of support we provide to our customers globally."
Ben Scheidel, chief executive officer of Lufthansa Technik Shenzhen, says, "Meggitt provides world-class technologies for a broad range of aircraft types. Hence, we look forward to establishing this new and unique collaboration as the exclusive MRO shop for a wide range of Meggitt products in the Chinese market. Through our high-tech facility in Shenzhen with its long-standing and successful history, we will provide an excellent MRO quality combined with an impeccable customer service. The close engineering and data exchange between Meggitt and LTS will increase safety, reliability and simultaneously optimize costs for our customers."