Aeroflot Russian Airlines and Lufthansa Technik AG concluded a long-term agreement for the provision of maintenance and repair services (MRS) of aircraft components to the Russian aviation company on improved conditions. Lufthansa Technik became the winner of the tender for selecting a MRS supplier for aircraft components to all companies of Aeroflot Group. The new ten-year-long agreement will be valid from January 2015. It supersedes the contract that currently exists between the two companies. Due to effective management of material assets, unique quality and constant innovation of repair work, as well as individual approach to the service of customers based on the volume of work, Lufthansa Technik was able to offer the Russian partner the most beneficial conditions of cooperation. According to specialists’ estimates it will allow Aeroflot Group to save significant financial investment within the duration of the agreement due to cost reduction. The new agreement also includes clauses on the liability of the supplier for the quality and promptness of work.