The Clark facility will complement the company’s existing operations at Ninoy Aquino International Airport, where Lufthansa Technik Philippines has operated for more than 25 years and recently secured a long-term lease extension. Together, the two facilities are expected to serve as a maintenance, repair and overhaul (MRO) hub for widebody aircraft in the Asia-Pacific region.
Long-term strategy
Soeren Stark, chief executive officer of Lufthansa Technik, said the investment forms part of the company’s long-term growth strategy in Asia.
“Asia-Pacific is one of the fastest-growing aviation markets in the world, and the Philippines are central to our strategy in this region. With the investment in the new site in Clark, we are taking the next decisive step in our growth strategy and positioning Lufthansa Technik for the future of aviation — well beyond the borders of this region,” Stark said.
Holger Beck, chief executive officer of Lufthansa Technik Philippines, said the expansion reflects the company’s commitment to the Philippines and the broader Asia-Pacific market.