Pudelhund wrote:Can someone explain like I am 5 what the Boeing IAG A320 service agreement means? I don’t understand the meaning or motivation behind it.
Both Airbus, Boeing and some 3rd parties (LH, AF, AAR) offer 'power by the hour' contracts for aircraft components, where for a fee they supply spare parts, and repair spare parts.
LH will offer this for both Boeing and Airbus. Boeing have now won a contract for IAG A320.
It isn't that odd - remember almost all the spare parts will be from other manufacturers (UTC, Moog, Homeywell etc) with a lot of overlap between the aircraft, and the repair centre for a B737 widget will be the same as the repair centre for a A320 widget. So Boeing already has the supply chain (warehouses, logistics, repair contracts, IT) and all they need to do is buy enough A320 spare parts from the likes of Honeywell etc.