Lufthansa Technik: MRO business strong, but challenges ahead

“The year 2011 was a year of contrasts,” Lufthansa Technik AG (LHT) chairman August Wilhelm Henningsen told reporters at the Singapore Airshow. “With growth of the airlines, there’s also an increase in demand for MRO services. We have to cope with the increasing number of airplanes around the world … The challenge in the MRO industry is how to gain productivity in the new technology of the new airplanes which are coming.” Though weak airline profit ...