Air Transport World

Lufthansa Technik. (News Briefs: Europe Report).(takes over 50% of Shannon Aerospace)(Brief Article)

Lufthansa Technik became sole owner of Shannon Aerospace by taking over SR Technics' 50% stake for an undisclosed sum. Shannon performs airframe overhaul as well as other MRO services, primarily on A320s and 737s. SR Technics recently announced its own intent to enter the market for A320 heavy maintenance with a deal to perform HMV checks on 12 swiss A320-family aircraft beginning this month under a contract valued at Sfr20 million ($13. …

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