Lufthansa Technik to build new MRO facility in Portugal
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Background ✨
Lufthansa Technik's plans for a new facility in Portugal align with its broader strategy to expand its global MRO network, as part of its 'Ambition 2030' growth programme1. The company is investing over EUR1 billion in worldwide projects, including a new facility for engine parts and aircraft components in southwestern Europe2. Despite facing challenges such as supply chain issues and the impact of strikes, Lufthansa Technik reported increased demand for MRO services, signing 174 new contracts in 1Q20243.