BeauTech Power Systems (BeauTech), a provider of aircraft engine leasing, asset management and trading solutions, has signed a ten-year engine leasing framework agreement with Group Engine Management GmbH (GEM), the Lufthansa Group’s dedicated engine management company.
GEM oversees engine allocation, maintenance coordination and lifecycle management across the Lufthansa Group’s airline portfolio. Under the agreement, GEM will gain access to BeauTech’s engine leasing capabilities as part of its strategy to secure dependable engine availability and maintain fleet flexibility.
The framework is expected to create future leasing opportunities across a range of commercial aircraft engine platforms, including CF34, CFM56, GTF and LEAP engines.
The agreement establishes a long-term foundation for future engine lease transactions and reflects both companies’ commitment to supporting airline operations in an increasingly demanding aviation market.
“This agreement marks an important milestone in the relationship between BeauTech and GEM,” said Tobias Konrad, Chief Operating Officer at BeauTech. “The Lufthansa Group has been a valued partner since our early years and has played a key role in the growth of our business. We are proud to support GEM with flexible, reliable engine leasing solutions, and this agreement reflects the strong trust built between our organisations through many years of successful collaboration.”
