20th Jun 2019 07:00
Meggitt PLC 20 June 2019
Meggitt PLC and Lufthansa Technik AG enter long-term partnership for MRO services in Mainland China
Meggitt PLC, a leading international company specialising in high performance components for the aerospace, defence and selected energy markets, and Lufthansa Technik AG, a world leader in maintenance, repair and overhaul (MRO) services, have signed an agreement for the provision of comprehensive component MRO services for commercial aircraft in mainland China.
Stewart Watson, President of Meggitt's Services & Support division, said: "This is a long-term partnership for the fastest growing market in the world and combines Meggitt's OEM know- how with Lufthansa Technik MRO expertise. We have invested significantly in all our facilities across Asia as part of our global investment programme. Our ability to offer our Chinese customers an in-country capability will enhance the consistent, world-class levels of support we provide to our customers globally."
ENDS
Enquiries
Meggitt PLC +44 (0)1202 597 597
Louisa Burdett, Chief Financial Officer
Adrian Bunn, Vice President Strategy and Investor Relations
FTI Consulting +44 (0)20 3727 1340
Nick Hasell, Managing Director
Dwight Burden, Managing Director
Alex Le May, Managing Director
Cautionary statement
This trading update, including information included or incorporated by reference in this trading update, may contain forward-looking statements concerning Meggitt PLC or its group. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. Such forward-looking statements involve risks, uncertainties and other important factors which could cause the actual results, performance or achievements of the Meggitt group or the market and economies in which the Meggitt group operates to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the ability of Meggitt PLC or its directors to control or estimate precisely, such as future market conditions and the behaviours of other market participants, and therefore undue reliance should not be placed on such statements, which speak only as at the date of this trading update. Neither Meggitt PLC, nor any of its group undertakings, nor the directors of any of them, assumes any obligations to, and do not intend to, update these forward-looking statements, except as required pursuant to applicable law.
About Meggitt PLC
Headquartered in the United Kingdom, this international group operates in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy. Meggitt employs nearly 12,000 people at over 40 manufacturing facilities and regional offices worldwide.
Related Shares:
MGGT.L