-Construction of a new wheels and brakes shop
-Frankfurt’s East Harbor offers ideal conditions
-Environmentally-friendly building exceeds German Energy Saving
Ordinance by 30 percent

Lufthansa Technik AG is investing almost 60 million euros in the
construction and equipment of a new wheels and brakes shop at
Frankfurt’s East Harbor. The new building will be put into service at
the beginning of 2017. It will enable Lufthansa Technik, as the
world’s leading provider of technical services for the aviation
industry, to continue to grow in the segment of wheels and brakes
maintenance. Lufthansa Technik is thus securing the 130 qualified
jobs that already exist in Frankfurt and is also creating
opportunities for further growth. The aim is to equip the building
with state-of-the-art technology in order to exceed the requirements
of the German Energy Saving Ordinance by 30 percent.

From spring 2015, an ultra-modern workshop with a gross floor area of
14,500 m2 will be built on a 35,000 m2 plot at Frankfurt’s East
Harbor. Operations are scheduled to commence as early as the
beginning of 2017. Thanks to optimized processes, tailored logistics
and state-of-the-art plant equipment, the new site optimizes the
supply of wheels and brakes for Lufthansa’s flight operations. In
addition, this opens up opportunities for further growth with
customers outside the Lufthansa Group which is already strong. The
workshop’s layout, together with a high degree of automation and
optimum machine utilization, will further enhance Lufthansa Technik’s
competitiveness.

“We made a conscious decision to use a location near Frankfurt
airport to be able to offer our customers high-quality products
paired with short and reliable supply routes. We’re convinced that
this will enable us to further extend our market leadership in this
segment,” said August Wilhelm Henningsen, Chairman of the Executive
Board of Lufthansa Technik, after the approval of the supervisory
boards of Deutsche Lufthansa AG and Lufthansa Technik AG.

Lufthansa Technik’s project manager, Frank Zimmermann, thanked the
economic department of the city of Frankfurt for the constructive
cooperation: “We strongly expect the further formal steps to be
completed very soon.”

The existing workshop at Frankfurt airport has long exceeded its
capacity limit: Originally built for 15,000 wheels and 2,500 brakes,
meanwhile more than 26,000 wheels and 4,500 brakes per year are now
repaired there. The freed up space will be used by other Lufthansa
Technik units in the future.

Due to the high levels of stress they are subjected to and their
importance for the safety of flight operations, aircraft wheels and
brakes require a significant amount of maintenance. Lufthansa Technik
takes care of all the necessary work – from wheel or brake changes to
small repairs or complete overhauls. Every wheel or brake passes
through numerous stations until, after a thorough check in accordance
with internationally applicable aviation regulation, it is approved
in the final inspection.