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Lufthansa Technik benefits from booming demand

Lufthansa Technik benefits from booming demand

by Richard Schuurman | Mar 8, 2023 | Aerospace | 0 comments

Lufthansa’s MRO business unit Lufthansa Technik is benefitting from the strong upward trend in air travel. After a record Adjusted EBIT of €511 million last year, this year promises to become even better. LH Technik expects the MRO industry to surpass pre-Covid levels...
Lufthansa Technik and Mexican carrier mas sign supply contract

Lufthansa Technik and Mexican carrier mas sign supply contract

by Daniel Martínez Garbuno | Aug 29, 2022 | Airbus, Airlines | 0 comments

Lufthansa Technik and Mexican cargo airline mas (formerly known as MasAir Cargo) have signed a comprehensive Total Component Support (TCS) contract covering the repair and overhaul of parts for mas’ Airbus A330F fleet. The new agreement governs the supply of up...
Lufthansa Technik risks losing quarter-billion revenues in Russia

Lufthansa Technik risks losing quarter-billion revenues in Russia

by Richard Schuurman | Mar 9, 2022 | Aerospace | 0 comments

The sanctions on Russia not only affect Russian airlines, but also MRO companies in Europe and across the world. For example, Lufthansa Technik risks losing €240 to 250 million in annual revenues if the Russian market disappears, it said on March 9 during its 2021...

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