Berlin, November 26, 2015. Vietjet and Lufthansa Technik AG, a member of Lufthansa AG, inked a technical service agreement for Vietjet’s current A320-family aircraft engines.

Nguyen Thanh Hung, Vice Chairman of Vietjet and  Bernhard Krüger – Sprengel, Senior Vice President Engines of Lufthansa Technik AG, signed this landmark agreement in the presence of H.E. Frank-Walter Steinmeier, Germany’s Foreign Minister, and H.E. Truong Tan Sang, President of Vietnam, who is on an official State visit to Germany to celebrate the 40th anniversary of bilateral diplomatic ties between Germany and Vietnam.

Accordingly, Lufthansa Technik AG will provide Vietjet with top-of-the-range solutions on technology, maintenance service and technical maintenance as well as consultation on key technical projects, technical training for staff and other consulting services. The agreement will pave the way for both groups to mutually construct a platform to develop facilities and technical expertise up to top-rated domestic and international quality standards.

From Vietjet’s side, the Vietnamese airline will support Lufthansa Technik AG to better access the large markets in the Asia-Pacific region – one of the areas with the most potential in the field of aviation.

Bernhard Krüger – Sprengel, Senior Vice President Engines of Lufthansa Technik AG, said: “We are delighted to accompany Vietjet in technical services and engine maintenance, which are expected to lay a solid foundation for the spectacular and long-term development of Vietjet. Lufthansa Techinik AG is committed to providing its world leading technical management services for Vietjet, helping to improve the quality and safety of the flight in serving its passengers. We are also committed to supporting Vietjet in new technology training for safety and security assurance as well as researching opportunities for providing aircraft spare parts locally.”

Also witnessing the signing ceremony, Nguyen Thanh Ha, Chairwoman of Vietjet, said: “Vietjet highly appreciates the support from such an experienced company in Germany such as Lufthansa Technik AG. It will help Vietjet meet the needs of the operation and rigorous maintenance of the fleet, ensuring all new flights of Vietjet will operate at the highest levels of safety and maintenance.”

The Lufthansa Technik AG, with more than 30 subsidiaries and about 26,000 employees worldwide, is one of the leading providers of services for the aviation industry. Lufthansa Technik AG is licensed internationally as a repair, production and development enterprise. The Group’s portfolio encompasses the entire spectrum of services in the areas of maintenance, repair, overhaul, modification andconversion, engines and components.