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With the signing of maintenance, repair and overhaul (MRO) contracts with four carriers, Lufthansa Technik Philippines (LTP) aims to "consolidate its anchor" as the main provider of such services in the Philippines. In a statement, the commercial airline maintenance service provider said that four airlines – Philippine Airlines (PAL), Lufthansa Airlines, Korean Air and Asiana Airlines – were signing agreements with MRO.
Korean Air and Asiana Airlines engage heavy basic maintenance checks on their Airbus A380
MRO contracts for these aircraft generate more than $ 200 million in exports while supporting more than 500 jobs within the company. It is the maintenance of its new Airbus A350 and A321 neos, with an estimated contract value of $ 260 million.
"Our mission is simple but clear.LTP wants to grow steadily and positively in the years to come, to raise our MRO service and ensure that the work we do is of excellent quality, secure and maintained at a level higher international, and solidify the company's position as an MRO "With the intention of expanding its operations and facilities, LTP seeks to increase its capabilities and aggressively seize opportunities future market. The company of Lufthansa Technik AG and the Philippine aviation service provider MacroAsia Corp., LTP provides aircraft MRO services to airlines all over the world.
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