Lufthansa Technik Shenzhen and CASC Agree on Component Support

China Aviation Supplies Co. (CASC) and Lufthansa Technik
Shenzhen recently signed a long-term Total Component Maintenance
contract in Beijing. The contract extends a comprehensive component
maintenance and material support concept by more than 40 Airbus A320
aircraft operated by Qingdao Airlines. During the signing ceremony,
both parties reviewed previous project collaborations on Boeing 777
and Airbus A350 and A320 fleets, and held in-depth discussions on
their future cooperation in aviation material support.
CASC, a long-standing partner of Lufthansa Technik, will provide
Qingdao with component management; Lufthansa Technik will provide
Total Component Maintenance (TCM). TCM includes comprehensive
closed-loop component repair and overhaul service for selected parts
or the entire aircraft – with the cost benefits of a per-flight-hour
payment. Especially during the current COVID crisis, this component
support concept ensures that the fleets of participating airlines
remain highly reliable while helping operators avoid cash outlays for
material. This latest addition of the Airbus A320 fleet to the
comprehensive cooperation makes both parties the biggest component
support provider on a power-by-the-hour basis in mainland China.