Segment capital expenditure up sharply

Compared with the previous year (EUR 67m), the segment’s capital expenditure soared to EUR 139m. The main investments were made to purchase reserve engines for Lufthansa Technik Airmotive Ireland Leasing and to obtain a Pratt & Whitney licence for Lufthansa Technik AERO Alzey and a Hamilton Sundstrand licence for Lufthansa Technik. Equity of EUR 7.5m was provided for Lufthansa Technik Milan, Lufthansa Technik Services India and the new joint venture with Panasonic IDAIR.

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