Deutsche Lufthansa AG is an aviation company with operations worldwide. It operates in five business segments: Passenger Transportation, Logistics, Maintenance, Repair and Overhaul (MRO), Information Technology (IT) services and Catering. On January 22, 2008, it acquired 19% of the shares in JetBlue Airways. In October 2008, Lufthansa established an Italian company called Lufthansa Italia as it mulls to make Milan based Malpensa airport its third hub after Frankfurt and Munich. In September 2009, Austrian Airlines AG was taken over by Deutsche Lufthansa AG. Austrian Airlines will therefore become part of the Lufthansa Group as of September 2009.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Deutsche Lufthansa AG's total revenue decreased 9% to EUR17.95B. Net loss for the period totaled EUR32M, vs. a profit of EUR529M. Total revenue reflects a decrease in demand for the Company's services in the Passenger Business, Logistics and IT Services business segments. Net loss for the period reflects higher personnel expenses as well as a decrease in interest result.
Company Address
Deutsche Lufthansa AG
Von-Gablenz-Strasse 2-6 Cologne 50679
P: +4969.6960 F: +4969.69633022