LTTS Expands Irish Workforce and Services.

Lufthansa Technik Turbine Shannon opens new engine parts repair
facility

- Aircraft engine repair portfolio expanded by Engine Manifolds
- Growth and diversification creates additional jobs for the region

Lufthansa Technik Turbine Shannon (LTTS) is continuing its rapid
growth trajectory in Ireland with the official opening today of its
new Engine Parts & Accessories Repair (EPAR) facility in Shannon. The
new 2,000 m2 state-of-the-art facility brings LTTS' total capacity
for aircraft engine maintenance and repair in the region to 10,000
m2. This development enables LTTS to expand its portfolio by
including Engine Manifolds among its specialist services. The primary
function of Engine Manifolds is to distribute air or fluids for
optimal engine performance. When manifolds become damaged or worn,
they can diminsh engine performance and lead to increased emissions.
LTTS has been operating in Ireland since 1992. In the past two years
alone, the company has added an additional 106 people to its
workforce and now employs more than 300 people across its operations
in Shannon, Kildare and Dublin.

The new Shannon facility has already resulted in the creation of 25
additional jobs and LTTS CEO, Michael Malewski says that as the
company continues to grow and diversify, recruitment remains a
priority. "Today is a very exciting day for the business in Ireland.
With this new facility we are diversifying our product portfolio and
enhancing our manufacturing capabilities to better serve our
customers' needs. The diversification and expansion of our core MRO
(Maintenance, Repair, Overhaul) services portfolio has happened fast
and the LTTS team has worked tirelessly to bring this project to
fruition. I believe we have some of the best people in the world
working for us at each of our three locations, but we need even more
as we experience rapid post-pandemic recovery." He highlighted a
particular need for more experienced aviation engineers as well as
qualified mechanics and engineers from any field interested in moving
into the aviation industry.
Speaking at the launch of the new facility, Mr Malewski paid tribute
to the Irish government, the IDA, Shannon Chamber and Shannon Airport
Group for their continued support in facilitating the growth of LTTS
in Ireland. "As a result of strong cooperation from key stakeholders
we have realised our latest ambitions for the company in Ireland and
our growth path is now wide open. I believe that the opportunities
for LTTS in Ireland are significant and we are in a strong position
to deliver innovative solutions that will drive the aviation industry
forward," he said.
Today's announcement comes on the back of the recent launch of
Lufthansa Technik's Mobile Engine Services facility in Kildare.

About Lufthansa Technik Turbine Shannon
LTTS, a wholly owned subsidiary of Germany's Lufthansa Technik AG,
and a member of the EPAR Network (Engine Parts and Accessories
Repair), specialises in the repair of components for both high
pressure and low pressure turbines for aircraft engines for CFMI and
GE aircraft engines. The latest development in Shannon means that
not only is LTTS expanding its footprint in Ireland, but it will also
be able to offer new products for turbine engines that power Boeing
737 and Airbus A320 aircraft.

About Lufthansa Technik Group
With some 35 subsidiaries and affiliates, the Lufthansa Technik Group
is one of the leading providers of technical aircraft services in the
world. Certified internationally as a maintenance, production and
design organization, the company has a workforce of more than 20,000
employees. Lufthansa Technik's portfolio covers the entire range of
services for commercial and VIP/special mission aircraft, engines,
components and landing gear in the areas of digital fleet support,
maintenance, repair, overhaul, modification, completion and
conversion as well as the manufacture of innovative cabin products.

Picture (from left to right), Copyright LTTS:
- Mary Buckley, Interim CEO, IDA
- Michael Malewski, CEO LTTS
- Minister of State, Kieran O'Donnell TD

Pressekontakt:
Julia Michaelis
julia.michaelis@lht.dlh.de
Lufthansa Technik AG
Corporate Communications
Weg beim Jaeger 193
22335 Hamburg, Germany

Phone +49-40-5070-3667
Fax +49-40-5070-8534
press.pr@lht.dlh.de
lufthansa-technik.com





******
Registration:
Amtsgericht Hamburg HRB 56865

Chairman of the Supervisory Board:
Dr. Detlef Kayser

Executive Board:
Soeren Stark (Chairman)
Harald Gloy
Dr. William Willms

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