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  04/10/2010
NAS & Lufthansa Technik Strategic Cooperation
In a significant presence from senior officials of Saudi National Air Services (NAS) and Lufthansa Technik, a press conference was held in Riyadh, announcing the signing of a strategic cooperation agreement between NASTECH the Technical Arm of NAS group and Lufthansa Technik. The ceremony was hosted by Mr. Ayed Al-Jeaid the chairman of National Air Services (NAS), Mr. Sulaiman bin Abdullah Al-Hamdan –CEO of NAS, Mr. August Wilhelm Henningsen Chairman of the Executive Board of Lufthansa Technik AG and Mr. Walter Heerdt Senior Vice President Marketing and Sales
Commenting on the agreement and its significance, Mr. Al-Jeaid said that “this unique agreement is aiming at developing the technical capability of NASTECH to enhance its services to sister companies such as nasair, NASJets and other projects managed by NAS, Also, this agreement shall boost NASTECH ability to serve other potential aviation company within the region with international standard under the supervision of our strategic partner Lufthansa Technik either in our locations in the Kingdom or through technical training for our staff at Lufthansa Technik premises in Hamburg – Germany”.
From the other side Mr. August Henningsen – Chairman of Lufthansa Technik said that the company based its selection of technical cooperation with NAS on NAS’ reputation and performance over the last 10 years as a leader in the field of private aviation in Saudi Arabia. NAS’ management has an ambitious vision and Lufthansa Technik is confident of its successful implementation. He concluded, all of these aspects supported Lufthansa Technik’s decision to sign an agreement bearing in mind the growing scale of aviation market in the Gulf region, “Through this cooperation we are confident of jointly increasing our market share” he added.

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