Air Deccan in $150mn MRO pact with Lufthansa

Budget carrier Air Deccan has signed a $ 150 million agreement with Lufthansa Technik for repair and overhaul of its Airbus fleet of aircraft.

"As per the 10-year contract, Lufthansa and its Indian subsidiary, Onestop Airline MRO Support will independently serve the fleet of 60 Airbus A-320 airplanes of Air Deccan," Warwick Brady, COO of Air Deccan, said here.

Germany's Lufthansa will set up a regional pool of pairs in India to support its operators here, he added.

The agreement also includes setting up of a home of spares support for the low-cost carrier in Bangalore.