The two companies will jointly develop new repair methods for mainly structural parts of large commercial aircraft engines within the capability of Lufthansa Technik. Additionally, the partners will also cooperate in the appropriate certification processes, the repair services and the marketing and sales activities for this business.

“The target of this cooperation is to combine the forces of two leading specialists in engine parts repair to develop new and highly valuable repair methods to the benefit of our customers,” said Daniel Gross, Director Sales and Business Development, Engine Parts Repair at Lufthansa Technik.
“With our partner Volvo Aero, who is a reputable original component manufacturer, specialised in structural components, we will be able to complete and update our engine parts repair portfolio. With the long lasting design know-how and its engineering capabilities Volvo Aero is the right partner for us to further develop this important business.”

Volvo Aero will with this agreement take an important step in the commercialisation of development and performance of engine parts repairs. 

 “We are looking forward to develop a range of repair services in partnership with Lufthansa Technik, one of the largest and most successful MRO-organisations globally,” said Staffan Svensson, SvP Engine Services at Volvo Aero.

”Lufthansa Technik’s extensive knowledge about the market and the operators’ needs in this area will be the base for the selection of repairs. Together we aim to reduce the operators’ engine maintenance cost by providing unique repair solutions,”

Repair services is a newly established business at Volvo Aero, which brings together all the well established capabilities of the company. Development of repairs will be jointly made at Volvo Aero in Trollhättan and at Lufthansa Tehnik in Hamburg. Generally, the approval of common developments will occur by the Lufthansa Technik EASA Part 21 design organisation. Repairs will be made at Volvo Aero and Lufthansa Technik.

For more information, please contact Staffan Svensson, SVP Engine Services at Volvo Aero, +46 520 94036 or Wolfgang Reinert, Lufthansa Technik AG, Corporate Communications, +49 40 5070 3212.

Facts on Lufthansa Technik:
The Lufthansa Technik Group, with more than 30 subsidiaries and about 26,000 employees worldwide, is one of the leading manufacturer-independent providers of services for the aviation industry. In 2009, the Group’s overall revenues stood at 4 billion euros. Lufthansa Technik is licensed internationally as a repair, production and development enterprise. The Group’s portfolio encompasses the entire spectrum of services in the areas of maintenance, repair, overhaul, modification and conversion of aircraft, engines and components.

About Volvo Aero:
Volvo Aero is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service. Volvo Aero develops and manufactures components for aircraft and rocket engines with high technology content in cooperation with the world’s leading producers. Volvo Aero offers an extensive range of services, including sales of spare parts for aircraft engines and aircraft, sales and leasing of aircraft engines and aircraft, as well as overhaul and repair of aircraft engines. In 2009 Volvo Aero’s overall revenues stood at 7.8 billion SEK. The number of employees by December 31, 2009 was approx. 2,900.