Hamburg-based MRO provider Lufthansa Technik Group (LHT) reported a 2016 adjusted EBIT profit of €411.3 million ($431.9 million), down 9.5% from €454.4 million in 2015. “We see a positive trend as the global MRO business [is expected to grow] 5.6 % [in 2017],” LHT executive board chairman Johannes Bussmann told reporters and analysts at the annual press conference in Hamburg. LHT Group sales revenue for 2016 was €5.14 billion compared to €5.1 billion in ...

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