Boeing and Lufthansa Technik renewed their Tailored Parts Package agreement, continuing a collaboration designed to improve parts availability and make costs more predictable. The three-year renewal was announced at MRO Europe.

Why it matters:

The agreement helps Lufthansa Technik improve parts availability, plan costs with greater predictability, and enhance operational efficiency by covering more than 6,500 Boeing part numbers across all Boeing commercial aircraft platforms.

The big picture:

Parts availability and planning are important to aviation operations. Boeing’s Tailored Parts Package program is designed to help customers manage those needs.

• Customers commit to purchasing an agreed-upon group of parts during the contract term.
• Boeing manages supply chain execution for the parts covered by the agreement.
• The program is designed to simplify parts procurement and inventory management, with predictable pricing to help customers plan costs.

What they’re saying:

• “A healthy, stable aviation supply chain depends on experience, capability, and reach. This agreement brings those strengths together to help customers plan their parts needs with greater confidence,” said William Ampofo, senior vice president, Parts & Distribution and Supply Chain, Boeing Global Services.
• “Reliable access to material is a key factor in maintaining aircraft availability and operational efficiency. Through this renewed agreement with Boeing, we further strengthen our ability to provide customers worldwide with dependable parts support across all Boeing aircraft platforms. The combination of broad parts coverage and secure supply chain access creates tangible value for airlines in today's demanding operating environment,” said Thomas Boettger, Vice President Corporate Procurement at Lufthansa Technik.

Learn more:

• Boeing Tailored Parts Package
• Lufthansa Technik