Deutsche Lufthansa AG
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Carsten Spohr
- Full Time Employees
- 103,255
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- Venloer Straße 151-153 Cologne NW Germany 50672
- IPO Date
- Jan 5, 2010
- CIK
- 0001049724
- Website
- lufthansagroup.com
- Similar Companies
- Business
- Deutsche Lufthansa AG operates as a leading global aviation group headquartered in Germany, founded in 1953. The company primarily engages in passenger airline services under its flagship brand Lufthansa German Airlines, supplemented by subsidiaries including SWISS, Austrian Airlines, Brussels Airlines, and Eurowings. Its core products and services encompass passenger air transportation; cargo and logistics operations via Lufthansa Cargo; aircraft maintenance, repair and overhaul conducted by Lufthansa Technik; catering services through LSG Sky Chefs; and travel agency services. The group's airline network spans Europe, North America, Asia, and other international markets, serving a diverse customer base including business, leisure, and cargo clients. In recent corporate developments, Deutsche Lufthansa AG finalized its acquisition of a 41 percent stake in Italian carrier ITA Airways, integrating it as the group's fifth network airline while maintaining ITA's brand identity and expanding joint passenger and loyalty programs. Moreover, the company has launched City Airlines, a new subsidiary focused on cost-efficient short-haul flights from Munich and Frankfurt hubs, aimed at strengthening its low-cost segment and feeder network for long-haul operations. Lufthansa also unveiled Allegris, a premium long-haul cabin product with enhanced privacy, luxury seating, and digital amenities, introduced in 2024 with deployment on Airbus A350 aircraft. Strategically, Lufthansa extended its wet lease partnership with airBaltic, acquiring a convertible 10 percent stake to bolster network flexibility. Additionally, the group announced significant operational cost cuts including reductions of administrative jobs to streamline operations amid ongoing market challenges. Recent initiatives also include refitting Boeing 747 aircraft cabins with upgraded business class seats to enhance passenger experience. Overall, Deutsche Lufthansa AG functions as a multi-faceted aviation conglomerate operating passenger and cargo airlines, aircraft services, catering, and logistics. It actively pursues strategic investments, new airline launches, and product innovations to solidify its position as a leading European and global airline group with comprehensive geographic reach and diversified service offerings. The company remains headquartered in Cologne, Germany.
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Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
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Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution