By Pierre Bertrand
Deutsche Lufthansa's maintenance business, Lufthansa Technik, will build a new facility south of Porto in Portugal to add to the company's capacity to repair engine parts and plane components.
The new multi-million euro facility is expected to be constructed by the end of 2027 and create more than 700 jobs, the company said Monday.
The 54,000 square-meter facility will be built in Santa Maria da Feira, where the company bought a 230,000 square-meter property at the Lusopark business park, Lufthansa Technik said.
It added that the facility would be the first in its history in the country.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
December 09, 2024 07:19 ET (12:19 GMT)
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