Lufthansa Technik beat Bedek, Snecma and Norway's NEC in sealing a contract to overhaul aircraft engines to help return Serbian grounded aircraft to flying status. The contract is worth $5.5 billion on completion of the effort, says Jat Airways, the Serbian flag carrier. The airline says that after the open tender process, the Lufthansa Technik bid “was economically the most favorable one.” Work is expected to start almost immediately, with the first engine to be handed over to Lufthansa ...
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