Citing strict cost control and increased revenues mainly from customers outside Lufthansa Group, Lufthansa Technik Group reported net income of €153.1 million ($167.6 million) in 2006, a healthy 17.7% increase compared to the €127.6 million earned in 2005. Revenues rose 9.4% to €3.4 billion, with revenues from group airlines ahead 5.1% to €1.4 billion, representing 40% of total sales. Revenues generated from external customers grew 12.5% and represented 60% of sales, ...

Subscribe to Access this Entire Article

"Lufthansa Technik revenue outpaces global MRO market" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.