History:
Lufthansa is the largest German airline and a founding member of Star Alliance, the largest airline alliance in the world. The airline was founded on 6 January, 1926 in Berlin and has steadily become one of the largest in the world.Activities:
The business of the Lufthansa Group can be differentiated into segments like:Passenger Business: Passenger services form the main line of business for the Group. Flights are operated between 185 cities in 97 countries. More than 51,255 thousand passengers were attended to in 2005.
Maintenance, Repair and Overhaul: Lufthansa Group, through Lufthansa Technik, caters to the fleet of over 370 airlines worldwide.
Leisure Travel: The Group has 38 tour operators worldwide, under Thomas Cook AG.
Logistics: Lufthansa Group is a global leader in international scheduled airfreight services. Lufthansa Cargo earned profits worth € 140 million in 2005.
Catering: LSG Sky Chefs, the catering division of the company, handles 34 per cent market share of the airline catering business worldwide.
IT Services: The Company is a leading IT service provider for the aviation and airline industry globally.
Performance:
The Lufthansa Group is soaring higher in the financial world. The company earned revenue worth € 19,849 in 2006. The EBITDA (Earnings before interest, tax, depreciation and amortization) of the company in 2006 was € 2,393 million. The performance of the Lufthansa Group over the previous fiscals is given below:
 |
|
Corporate Address:Von-Gablenz-Strasse 2-6,D-50679 Cologne, 21, Germany Telephone: +49-0221-826-3992 Fax: +49-0221-826-3646 Website: www.lufthansa.com |
Assets & Infrastructure:
The Company has a fleet of nearly 336 small, medium sized and large aircrafts. The company had fixed assets worth € 10,490 million in 2006.Organization:
Lufthansa Group is headed by Wolfgang Mayrhuber, who is the company Chairman and CEO. The group had an employee count of 94,510 employees as on December, 2006.| Limousine Company | LG | LM Ericsson | La Poste | Ladbrokes | Lafarge | Lehman Brothers Holdings | Lennar | Loews | L'Oréal | Lockheed Martin | Liberty Mutual Ins. Group | Lloyds TSB Group | Lagardère Groupe | Lowe's | Lufthansa Group | Lukoil | Lyondell Chemical | Lear | Legal & General | Landesbank Baden – Württemberg | | |||||||
