In fiscal year 2014, the Hamburg-based Lufthansa Technik Group achieved a result just under last year’s record level, with increased revenue of €4.3m. The annual accounts of the 22 consolidated Lufthansa Technik Group companies show an operating result of €392m. Currently Lufthansa Technik looks after 800 customers and a total of 3,200 aircraft. In 2014, the Group was able to win 30 new customers and conclude 325 new contracts, reaching a volume of €3.1bn for 2014 and the years to come. Lufthansa Technik has expanded its development of technical services for the newest aircraft types even further. Numerous customers now entrust Lufthansa Technik with the technical care of components and systems from their fleets of Boeing 787s. Since the Airbus A350’s first day of scheduled service a few weeks ago, Lufthansa Technik has offered extensive maintenance services for this aircraft at its facilities in Frankfurt and Munich. Material supply for Asia and Europe is also being developed. Co-operations for both aircraft types with important systems manufacturers such as UTC Aerospace Systems or Honeywell are being expanded significantly through long-term partnerships. Investments in innovation, research and development were boosted strongly in 2014. Plans call for €200m to be invested by the year 2018 – four times as high as during the previous five years.
AviTrader sponsorship ad
Lufthansa Technik increases revenue in 2014
Share this Article
Friday May 15, 2026
FDH Aero, a global provider of aerospace and defence supply chain solutions, has officially opened a new sales office in Bengaluru, India, strengthening its presence in one of the world’s fastest-growing aviation and defence markets. The opening was marked b... Read More »
Friday May 15, 2026
GA Telesis Engine Services (GATES USA SPAH), the joint venture between GA Telesis and Air Transport Services Group, Inc., has secured Panamanian quality certification for its engine maintenance operations in Wilmington, Ohio. The new approval expands the compa... Read More »
Friday May 15, 2026
Passenger and cargo traffic at Frankfurt Airport (FRA) declined sharply in April 2026 following six days of strike action that disrupted Lufthansa operations and affected around 500,000 travellers. FRA handled approximately 4.8 million passengers during the mo... Read More »
Friday May 15, 2026
The Federal Aviation Administration (FAA) has successfully completed Phase One of a major overhaul of the country’s “Notices to Airmen” (NOTAM) system, a critical aviation safety network that provides pilots with real-time operational and hazard informat... Read More »
Friday May 15, 2026
Deucalion Aviation (Deucalion) has added two Airbus A330-300 aircraft to its managed portfolio, both leased to Turkish Airlines. Deucalion acted as arranger and servicer on behalf of institutional investors. Financial terms of the transaction were not disclose... Read More »
Friday May 15, 2026
Bell Textron has announced an order for three additional Bell 407GXis from Life Flight Network, the largest not-for-profit air medical programme in the United States and operator of the world’s largest Bell HEMS fleet, comprising 35 Bell aircraft. The new mi... Read More »
Thursday May 14, 2026
Iridium Communications has signed a definitive agreement to acquire Aireon LLC, the operator of the world’s only space-based ADS-B air traffic surveillance network, in a move that significantly expands its aviation capabilities. The acquisition brings togeth... Read More »
Thursday May 14, 2026
AJW Group has appointed Mark McConnell as its European Business Development Manager. He will work alongside Alexander Paul to strengthen the company’s presence across Europe. Bringing nearly 40 years of customer-facing experience and a strong engineering bac... Read More »
Thursday May 14, 2026
Allegiant Travel Company (Allegiant) has finalised its acquisition of Sun Country Airlines Holdings, creating a larger leisure-focused airline group in the United States. The deal closed following shareholder approval and the receipt of all required regulatory... Read More »
Thursday May 14, 2026
Swiss International Air Lines (SWISS) has strengthened its commitment to sustainable aviation fuel (SAF) through a new partnership with Swiss technology company Metafuels. The collaboration aims to support the development and large-scale deployment of viable S... Read More »
Thursday May 14, 2026
AMTRA Aero Component Solutions (AACS), the US-based aircraft component supplier headquartered in Tulsa, Oklahoma, has signed a letter of intent (LOI) with an undisclosed party to acquire an Airbus A320-200 airframe for teardown. The agreement includes the airc... Read More »
Thursday May 14, 2026
Astronics Corporation reported strong first-quarter 2026 results, driven by continued momentum in its Aerospace segment and sustained demand from the commercial aviation market. Aerospace segment sales rose 11.7% year-on-year to US$213.8 million, an increase o... Read More »
Wednesday May 13, 2026
MTU Maintenance Lease Services (MLS), the engine leasing and asset management division of MTU Maintenance, has announced a strategic minority investment in TRecs, a digital platform focused on streamlining Open Item List (OIL) management across the engine life... Read More »
Wednesday May 13, 2026
United Airlines will resume daily non-stop flights between its Houston George Bush Intercontinental Airport hub and Caracas’ Simón Bolívar International Airport from August 11, restoring a key air link between the US and Venezuela after nearly a decade. Th... Read More »
Wednesday May 13, 2026
Deutsche Lufthansa AG (Lufthansa) has confirmed that it will exercise its option to increase its shareholding in ITA Airways from 41% to 90% in June this year. The move was approved by Lufthansa’s Supervisory Board following a decision by the Executive Board... Read More »
Wednesday May 13, 2026
Satair, an Airbus subsidiary, has successfully completed its acquisition of Unical Aviation (Unical), along with its subsidiary ecube, creating a leading global provider of Used Serviceable Material (USM) and aircraft lifecycle solutions. The transaction combi... Read More »
Wednesday May 13, 2026
Voyageur Aviation (Voyageur) has strengthened its aircraft component support operations with the launch of a new landing gear repair and overhaul facility in Ottawa, Canada, dedicated to ATR regional aircraft. The expansion builds on Voyageur’s existing in-h... Read More »
Wednesday May 13, 2026
Bharat Forge Limited (BFL), a global provider of advanced forging and precision engineering solutions, has secured a long-term agreement with Embraer for the manufacture and supply of critical landing gear forgings. The partnership marks the first time an Indi... Read More »
Wednesday May 13, 2026
Liebherr Aerospace has expanded its MRO operations in Shanghai, reinforcing its footprint in China and addressing increasing regional demand for advanced maintenance services. As part of the expansion, the company has set up a dedicated 800 m² MRO area for th... Read More »
Tuesday May 12, 2026
Collins Aerospace is investing US$26.5 million to expand its facility in Largo, Florida, strengthening production capacity for commercial aviation radar systems and advanced defence security technologies. The investment is expected to create more than 100 high... Read More »
Aviation News Categories
2026 MEDIA KIT
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
Malte Tamm
malte.tamm@avitrader.com
Phone: +49 (0)162 8263049