German maintenance and repair organisation Lufthansa Technik is to acquire a 50% shareholding in Qantas Airways’ engine overhaul division Jet Turbine Services.

Lufthansa Technik’s acquisition, the details and terms of which have yet to be disclosed, will create a powerplant engineering joint venture in Australia.

The German company is also to service the Qantas fleet’s General Electric CF6 and CFM International CFM56 engines under a 10-year

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