Even more success for the Group with entrepreneurial spirit

All set for the future

Lufthansa employees in front of a Lufthansa airplane (photo)

An entrepreneurial mindset and responsibility for
quality in all segments

The expansion in Sofia is a great example of the success story that is Lufthansa Technik. In recent years this segment has been able to generate consistently high operating profits even during economically turbulent times. As the leading provider of MRO services for civil commercial aircraft, Lufthansa Technik is well placed for the future too. Important contributions come from its modern product portfolio and global production group. Around 30 operating subsidiaries and equity investments in Europe, Asia, Australia and America make up the Lufthansa Technik group. The strategy of consistently developing its international network bolsters its competitive position sustainably. The company tackles the competition and price pressure on the MRO market with promptly initiated programmes to make capacities more flexible, cut costs and increase efficiency.

A balanced profile provides stability

A good balance between airborne and non-flying companies is one of the core elements of the Lufthansa strategy. The Group’s profile, which is made up of airlines as well as service segments such as MRO, IT Services and Catering, positions the Company on several pillars, giving it a strong footing. One of Lufthansa’s qualities has always been a culture of entrepreneurship. This is how we promote the efficient use of resources, identify market opportunities and keep an open mind for new business ideas and models. In the future we will be giving even greater weight to exchanging ideas between companies in boards like the Airline Development Board or the Group Development Board so as to make even better use of our common resources within the Group.

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