Lufthansa Technik (LHT) has purchased a 15% stake in AeroTurbine, giving the European company a major link in the surplus parts supply chain and providing AeroTurbine owner International Lease Finance Corp. (ILFC) with a partner well-positioned to help it manage its huge fleet. The deal, announced today on the eve of MRO Asia in Singapore, includes a series of agreements covering the supply of AeroTurbine material to LHT, the purchase of maintenance services such as parts repairs from ...

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