Major Order From Boeing NetJets

Completion of 30 Boeing 737 Business Jets
Having captured the largest order in its history of the equipping of business aircraft, Lufthansa Technik AG (LHT) in Hamburg has significantly strengthened its market leadership in the completing of large business jets.
Under the terms of the order from Boeing NetJets, a joint venture of Boeing and ExecutiveJet, in the year 2001 LHT will begin completion in Hamburg of ten 737-700 BBJs (Boeing Business Jets). They will be used by the U.S. firm of ExecutiveJet Inc., the world`s largest provider of business aircraft on a fractional ownership basis. Boeing NetJets also holds options for completion by LHT of 20 more BBJs of the same type during the period from 2003 through 2008.
With its expanded hangar capacity and a contingent of 400 specially trained employees, Lufthansa Technik will be equipping and painting four or five BBJ`s for Boeing NetJets annually starting in January 2001. The downtimes involved will be five months each, and the delivery dates are already firmly scheduled. The first BBJ will be delivered to Boeing NetJets no later than 15 August 2001.

Within the NetJets program for ExecutiveJet Lufthansa Technik will be completing all the BBJs in a uniform configuration designed for as many as 20 passengers. On their flights of up to 6,200 miles they will have the use of a conference and dining area, a private office, sleeping quarters plus a comfortable lavatory complete with shower. State-of-the-art communication facilities will of course also be provided.

“This major order in the fast-growing business-aircraft market is just the most recent confirmation that Lufthansa Technik at its location in Germany can offer the know-how, quality and turnaround times as well as attractive pricing that keep it competitive worldwide,” declared LHT Executive Board Chairman Wolfgang Mayrhuber at the signing of the contract.
“We can bring to bear not only our many years of experience in equipping and servicing wide body private aircraft including government-operated jets but also our special airline savvy gained from our decades of work for and with Lufthansa,” he added. “Our partner Boeing is making available an ultramodern, highly reliable jetliner model that has proved itself in airline service. Our customers thus have at their disposal a product unique in its individuality, in the quality of its equipment and in the facilities for servicing it worldwide.”
In the U.S. the new Lufthansa Technik service center in Tulsa, Oklahoma, will join in servicing the cabin areas of the BBJs. In May of this year LHT acquired Tulsa-based BizJet International, specialists in the overhaul and maintenance of business aircraft and their engines. By the beginning of next year BizJet will have an additional hangar large enough to accommodate two BBJs.

During the present year Lufthansa Technik outpaced the competition to become No. 1 in the art of meeting deadlines by delivering on schedule six XXL Class Executive Jets (based on Boeing 737 Business Jet and Airbus A319 Corporate Jetliner). In 2001 LHT will be delivering another six to eight business jets. To keep up with the demand, the company has increased from two to four the number of its production lines in Hamburg for aircraft of this size and has hired additional staff.
For many years Lufthansa Technik has been one of the leading creative customizers of VIP aircraft. Its experience in this area ranges from the Airbus A300 to the Boeing 747-400 and Boeing 777. Hallmarks of its work are a uniqueness of style combined with a notable ease of maintenance. In addition, LHT services numerous VIP aircraft from all over the world under Total Technical Support (TTS) contracts.