Lufthansa Technik AG - Company Profile
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Lufthansa Technik AG (Lufthansa Technik), a subsidiary of Deutsche Lufthansa AG, is a provider of MRO services to the aviation industry. The company is involved in the overhaul of government aircraft; maintenance of engines, equipment, and components; and fitting-out of large executive aircraft. Its portfolio includes landing gear overhaul services, maintaining turboprop engines, and logistical services such as procurement, warehousing, transportation of materials and supplementary services for various aspects of aircraft operations. It also offers consulting services on leasing and trading, inflight entertainment and connectivity, aircraft modeling and designing. The company serves to civil commercial aircraft operators and aircraft leasing companies. It has business presence across Europe, North America, and Asia-Pacific. Lufthansa Technik is headquartered in Hamburg, Germany.
Headquarters
Germany
Address
Weg beim Jaeger 193, Hamburg, 22335
Website
www.lufthansa-technik.com
Telephone
49 4050700
No of Employees
22,290
Industry
Aerospace and Defense
Revenue (2022)
$5.8B
Lufthansa Technik AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Aircraft components | MRO |
| Landing Gears | Engineering |
| Engine Parts and Accessories | Base Maintenance |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company entered into an agreement with GMR Aero Technic to launch the Cyclean technology in Indian airports. |
| 2023 | Contracts/Agreements | In November, the company and Emirates signed a Base Maintenance Services (BMS) contract for Airbus A380s during the Dubai Airshow. |
| 2023 | New Products/Services | In November, the company and Boeing Business Jets unveiled CelestialSTAR. |
Competitor Comparison
| Key Parameters | Lufthansa Technik AG | Air France-KLM SA | HEICO Corp | AAR Corp | Hong Kong Aircraft Engineering Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Germany | France | United States of America | United States of America | Hong Kong |
| City | Hamburg | Paris | Hollywood | Wood Dale | Lantau Island |
| State/Province | Hamburg | Ile-de-France | Florida | Illinois | - |
| No. of Employees | 22,290 | 77,806 | 9,600 | 5,000 | 15,000 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Soeren Stark | Chairman | Executive Board | 2022 | 51 |
| Remco Steenbergen | Chief Financial Officer | Senior Management | 2021 | - |
| William Willms | Chief Financial Officer; Head - Corporate Services and IT | Senior Management | 2021 | - |
| Matthias Gruber | Managing Director; Head - Technical Fleet Management Eurowings | Senior Management | 2024 | - |
| Sahib Ajjam | Senior Director-Corporate Sales, the US and Canada | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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