JANUARY 20TH, 2016

Philippine Airlines and Lufthansa Technik sign Total component maintenance contract

- Maintenance, repair and overhaul support for Airbus A320 and A340
Fleet

Philippine Airlines and Lufthansa Technik AG have signed a five-year
Total Component Maintenance (TCM) contract for the Airline’s Airbus
A320 and A340 Fleet. The services will be extended end of 2016 to
support additional Airbus 320s operated by Philippine Airlines.

Lufthansa Technik will support Philippine Airlines at its main base
in Manila, the Component Service offices in Manila and Shenzhen will
coordinate the customer support. Maintenance, repair and overhaul
services will be carried out at Lufthansa Technik’s component Centres
in Hamburg, Germany and Shenzhen, China.

“We were pleased with Lufthansa Technik’s ability to customize its
services to the individual needs of Philippine Airlines and ensuring
24/7 worldwide AOG services at locations such as JFK which are vital
for our Flight operations,” said William Tan, Vice President of
Purchasing, Philippine Airlines.

Jens Behrend, Sales Executive from Lufthansa Technik, said: “I want
to thank Philippine Airlines for the trust they continuously place in
the Lufthansa Technik Group. The signing of these contracts is a
great success for us in this highly competitive market.”

Lufthansa Technik is committed to extend its partnership with
Philippine Airlines and to support other Aircraft types in the
future.