Company Watch - Lufthansa Group.
Lufthansa said it is opposing plans by Deutsche Flugsicherung, Germany's air navigation services provider, to increase user charges by 13% in 2007. "Our goal is a cut in fees per flight," an airline spokesperson told Reuters. DFL has lowered user fees in each of the last three years. Jun 28, 2006
Lufthansa Technik will provide Total Component Maintenance and Total Engine Support packages to ATA Airlines for 10-year terms in what is its second largest deal with a US carrier. The TCM agreement covers more than 3,200 part numbers on three 737-300s, 25 737-800s, 20 757-200s/-300s and four L-1011-500s. The power-by-the-hour contract also includes a sale and leaseback of ATA's existing inventory to LHT. The exclusive engine deal is a power-by-the-hour agreement and covers CFM56-7s powering ATA's 737-800s. LHT also will provide access to spare engines. Value of the agreements was put at more than $100 million. Jun 29, 2006
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|Date:||Jul 3, 2006|
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