ATW Daily News

Lufthansa Technik establishes new unit for third-party activities

Monday January 12, 2009

Lufthansa Technik announced the establishment of Lufthansa Technik Maintenance International, a 100% subsidiary integrating the former Condor/Cargo Technik it previously acquired. LTMI will be based in Frankfurt and will assume responsibility for airline third-party MRO business previously handled by LHT. It will continue to maintain Lufthansa Cargo's MD-11s as well. The unit has some 1,000 employees.

"In founding LTMI we are responding to the wishes of numerous customers outside Lufthansa for an organization that is exclusively dedicated to their needs," LTMI CEO Alexander Heilmann said in a statement. Additionally, LTMI will take over responsibility for LHT's "Technical Operations Management" product. Under TOM, which was introduced last fall, LTMI assumes "the complete maintenance organization for an airline fleet across its entire station network." LTMI eventually is expected to perform MRO on aircraft currently serviced by LHT's line maintenance division. The company will operate under the same approvals as LHT and the former CCT, assuming maintenance activities for 757s, 767s, MD-11s, A330s and A340s and eventually A320s and 737s.

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