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Frankfurt (Reuters) – Lufthansa is considering the possibility of converting its maintenance subsidiary, Lufthansa Technik, but does not want to separate from the division.
"The information on a sale or a partial sale of Lufthansa Technik does not apply," said a spokesman for the group Friday. However, it was examined whether the maintenance of its own machinery would be located closer to the direction of Lufthansa Group airlines. The "Handelsblatt" had indicated that Lufthansa wanted to focus more on its main air traffic business and had therefore considered whether it wanted to remain the owner of the Lufthansa Technik divisions or the catering service provider LSG Sky Chefs. At Lufthansa Technik, it was possible to break with the entertainment industry on board.
The Hamburg-based subsidiary, Lufthansa Technik, contributed about 15% of its total turnover of 35.6 billion euros last year, with equipment, maintenance and redevelopment. planes. In addition to its own airlines, the Lufthansa Group serves many external customers and is one of the world's leading suppliers. According to the Handelsblatt, the main person responsible for the potential reorganization is Harry Hohmeister, managing director of Lufthansa, which manages the crane company's main air transport activity in the main hubs of Frankfurt, Munich, Düsseldorf, Zurich and Vienna. It should advocate for separating the maintenance of their own aircraft and integrating them into the pbadenger division. Hohmeister expects the situation to improve, particularly in the context of the sharp increase in summer delays caused by operational problems.
RESTORATION ON THE TESTING STAND
In the meantime, the LSG could be subject not only to an internal reorganization, but also to an aircraft catering system. The spokesman said that, in the prospect of media coverage, of a possible separation, the group would periodically check that he was the best owner for some parts of his wallet. According to a report from the "Bloomberg" news agency, Lufthansa is considering the possibility of selling the less profitable restaurant sector with a return of about 2%. In consultation with consultants, the Dax Group audited several options, including a partial sale. However, the considerations are only at an early stage.
Reuters had learned in the banking community that Lufthansa was in talks with potential buyers and was looking for a "good new home" for the LSG. But some industry insiders said the Dax group does not anticipate any changes. The possibility of a separation of the LSG has been considered in the past several times at Lufthansa – and yet has been ruled out. The LSG company committee and the Verdi union have announced their opposition to the information published in the media.
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