OCTOBER 26TH, 2015

LTLS takes responsibility for transport logistics for Lufthansa Technik Puerto Rico

Lufthansa Technik Puerto Rico (LTPR) has entrusted its spare part
logistics to Lufthansa Technik Logistik Services (LTLS). The contract
is already in force and is to run for one year and will extend
automatically unless canceled by one of the parties.

As part of the contract, LTLS will take on responsibility for all
inbound and outbound transports from the U.S., Europe, and Asian
countries to Aguadilla, Puerto Rico, including customs clearance. In
addition to routine transports, AOG consignments are also included as
well as special transports, such as transporting engines. The
consignments are primarily transported by air freight in order to
ensure that the spare parts are on site as quickly as possible.

“We are delighted at the trust Lufthansa Technik Puerto Rico is
placing in our transport services. Because the location is still
regarded as in development, we expect the consignment volume to grow
to approx. 9,000 units per year. We expect average revenue of up to
three million euros per year,” says Dr. Christian Langer, Managing
Director of LTLS.

“The transport concept developed by LTLS for LTPR really appeals to
us,” says Elmar Lutter, Managing Director of Lufthansa Technik Puerto
Rico. “The best transport routes are sought in each case in order to
minimize turnaround times and costs.”

Lufthansa Technik Logistik Services GmbH:
Lufthansa Technik Logistik Services GmbH (LTLS), a wholly-owned
subsidiary of Lufthansa Technik AG, is a leading provider of
logistics solutions for the aviation industry. The wide spectrum of
services ranges from transport management including engine and AOG
transport through to complete warehouse management. Founded in 1998,
the company now has a workforce of more than 1,300 employees. LTLS
recorded a turnover of some 215 million euros in 2014.