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Lufthansa and Hemus Air with Joint Project for Aircrafts Repairs in Bulgaria


Germany's Lufthansa Technique made a proposal to Bulgaria's Hemus Air for a joint venture for the repair of aircrafts, Lufthansa regional manager for Bulgaria, on Friday.
bulgaria airplaneThe investment amounts EUR 20 M the documents for which will be signed on the date of August 16. Lufthansa will own 80% of the venture.
In the beginning the repairs center will work only on Boeing 737s, though Hemus Air CEO Dimitar Pavlov said he hoped the project would be extended to cover the repairs of Boeing 777s and Airbus A340.
The first repairs will start in the end of 2008 and will be carried out at Sofia Airport.
Lufthansa is the most active air carrier in Bulgaria from abroad, with record traffic of 160,000 passengers to Bulgaria in 2003. That is 11 % more than the previous year, according to Dieter Grosse.



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