LHT Acquires 15 Per Cent Holding In AeroTurbine

Lufthansa Technik (LHT) is to acquire a 15 per cent interest in AeroTurbine. The two companies have agreed to enter into a partnership under which AeroTurbine will supply LHT with aircraft and engine components, while the German MRO company will provide technical services on aircraft components for AeroTurbine, while supplying the Miami-based company with surplus material for resale. The companies also have an option to extend LHT’s holding in AeroTurbine to 19.9 per cent.

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