GE Aviation and Lufthansa Technik sign MOU for new engine overhaul joint venture

Lufthansa Technik AG and GE Aviation will create a new, state-of-the-art engine overhaul facility in Europe to service GEnx-2B and GE9X engines. Under terms of a memorandum of understanding (MOU), the new joint venture is expected to be operational in 2018. Closing of the joint venture is subject to receipt of required regulatory approvals. The new joint venture will be equipped to perform the full range of engine maintenance services for the GEnx-2B and the GE9X, powering the Boeing 747-8 and Boeing 777X, respectively. The partners will continue to collaborate on repair development and mobile support services. “We are committed to building a world-class facility that will help meet future demand for GEnx-2B and GE9X overhauls,” said Kevin McAllister, President and CEO of GE Aviation, Services.  “Lufthansa Technik has an excellent reputation for engineering expertise and customer service, and we are pleased to extend our long-standing collaboration with the formation of this new facility.”