Lufthansa Technik has entered into a strategic partnership with aviation data and records management software provider FLYdocs.
As part of the German MRO’s digital strategy, it will work with FLYdocs to develop new digital services that will be made available to aircraft operators and lessors.
The tie-up will see Lufthansa Technik become a shareholder in the UK-headquartered company, replacing private equity firm GCP.
No financial details about the stake were disclosed. In a statement released on Monday (June 13), FLYdocs said it will continue to operate as independently with its current management team remaining in place.
Thomas Stueger, responsible for products, services and IT at Lufthansa Technik, said: "New digital services – created in cooperation of the FLYdocs team and the digital business unit of Lufthansa Technik – will add additional value to our customers and shape the digital future of the industry."