The Lufthansa Group is a global aviation group with a total of around 540 subsidiaries and equity investments, which in the financial year 2014 were organised into five business segments: Passenger Airline Group, Logistics, MRO, Catering and, up to the end of 2014, IT Services. All the segments occupy a leading position in their respective markets. In 2014, the Lufthansa Group generated revenue of EUR 30.0bn and employed an average of 118,973 staff.
The biggest business segment in the Lufthansa Group is the Passenger Airline Group. Lufthansa Passenger Airlines, SWISS and Austrian Airlines are network carriers serving the global market and all passenger segments. Germanwings operates direct flights within Europe. Investments in the Belgian network carrier Brussels Airlines and the German-Turkish charter airline SunExpress complete the airline portfolio. The airline group defended its European market leadership in the reporting period, again recording the greatest number of passengers and the highest revenue of any European airline.
The Logistics segment with its freight airline Lufthansa Cargo is one of the world’s leading providers of standard, express and special cargo.
The service segments MRO, Catering and IT Services, offer a wide range of services for customers both inside and outside the Group. Lufthansa Technik is the world’s leading provider of maintenance, repair and overhaul services for civil aircraft. Its range of products extends from one-off jobs to the servicing of entire fleets.
The Catering segment is the global market leader in airline catering and supplies regional, national and international carriers. The LSG Sky Chefs group is also increasingly present in adjacent markets, where it offers both catering products and services in connection with in-flight articles.
The IT Services segment was one of the leading global IT services providers to the airline industry. Given the long-term investments required in the IT infrastructure area, the Lufthansa Group is splitting Lufthansa Systems AG into its three segments. The IT Infrastructure unit was sold to the IT services provider IBM as part of an outsourcing agreement. The deal is due to be completed in the first half-year of 2015. Following this fundamental change, the IT Services segment was dissolved at the beginning of the 2015 financial year. Its remaining segments, Airline Solutions and Industry Solutions, will remain in the Lufthansa Group as independent companies within the Other business segment.
The Lufthansa Group’s strategic formation is reviewed and adjusted continuously in order to lay the basis for a stable business performance with a diversified portfolio of business segments that offset economic fluctuations.
Senior Investor Relations Manager
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Investor Relations Manager
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Investor Relations Manager,
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Investor Relations Manager,
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