Vietjet, Lufthansa Technik enter an exclusive total component support agreement

Vietjet Chief Operating Officer Michael Hickey (middle), along with Johanna Koch, Vice President of Corporate Sales Lufthansa Technik (left), and Berit Christina Plewinsky, Head of Commercial Aircraft Component Services Lufthansa Technik (right), at the signing ceremony. — Photo courtesy of Vietjet

LONDON — Vietjet and Lufthansa Technik, the world’s leading MRO provider, have inked an exclusive Total Component Support (TCS) agreement.

The signing ceremony on Wednesday marked a significant milestone in the long-standing partnership between the two companies during the 2024 Farnborough International Airshow. 

This comprehensive multi-year agreement for 184 Airbus A320 family and nine Airbus A330 aircraft will start from October 2024 onwards. It encompasses extensive component services for Vietjet’s growing fleet, ensuring the airline’s operational excellence and the highest standards of maintenance. This agreement represents the largest TCS contract Lufthansa Technik has secured in the Southeast Asia region.

“Lufthansa Technik is committed to providing Vietjet with the highest quality of service and support to ensure the continued success of their operations,” said Johanna Koch, Vice President of Corporate Sales Southeast Asia and Indian Subcontinent at Lufthansa Technik.

Vietjet Chief Operating Officer Michael Hickey said: “The agreement reflects our strategic vision to enhance our fleet’s reliability and performance, we are poised to achieve new heights in operational efficiency.

“We look forward to continuing our dedication to providing our passengers with quality, seamless and safe travel experience.” 

The Lufthansa Technik Group is one of the leading providers of technical aircraft services in the world. The portfolio includes maintenance, repair, overhaul, and digital fleet support among others. Vietjet is also Lufthansa Technik’s first AVIATAR Technical Logbook customer in Asia Pacific from 2022.

In collaboration with Lufthansa Technik Group and other leading global aviation partners, Vietjet continues to invest in advanced aviation technology solutions and services to ensure the highest standards of safety and quality.

The airline consistently expands its fleet with new, fuel-efficient aircraft, achieving a technical reliability rate of 99.6 per cent, ranking it among the top airlines both regionally and globally.

Vietjet has been awarded a 7/7 star safety rating by AirlineRatings and has been consistently recognised as one of the world’s safest low-cost airlines. — VNS