Lufthansa Technik to maintain Air Deccan’s fleet
Budget carrier Air Deccan on Friday said it had signed a $150 million contract with Germany’s Lufthansa Technik to repair, maintain and overhaul its fleet of 14 Airbus A-320 aircraft.
Air Deccan, run by Deccan Aviation Ltd., in a statement said the agreement “also encompasses setting up of a home base of spares to support” it in Bangalore.
Lufthansa Technik is the aircraft maintenance, repair and overhaul division of German air carrier Deutsche Lufthansa.
Deccan Aviation shares ended 1.1 percent higher at 102.80 rupees in a firm Mumbai market.