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Lufthansa Technik (LHT) has expressed confidence that it will again see significant growth this year, despite ongoing geopolitical and economic headwinds, the company said March 6.
The global MRO provider’s revenue exceeded €8 billion ($9.3 billion) for the first time in 2025, an increase of 12%. Based on this revenue growth, the technical services specialist plans to increase its earnings by more than 10% annually until the beginning of the new decade as part of its Ambition 2030 program.
Three-quarters of LHT’s revenue now comes from business with customers outside Lufthansa Group.
Adjusted EBIT for fiscal 2025 was €603 million, down 1% from 2024’s figure. However, the company said that its revenue growth will lay the foundation for further extensive investments in the future. After investments in the triple-digit million-euro range in 2025, LHT plans to invest more than €2 billion over the next five years in the development and expansion of new and existing facilities, as well as in the company’s component pool.
The investments will be made in all three global regions—the Americas, APAC (Asia-Pacific) and EMEA (Europe, Middle East and Africa).
Three new construction projects are underway at LHT’s headquarters in Hamburg. The projects include additional workshop buildings for Special Aircraft Services and Aircraft Component Services. A new hydraulics workshop began trial operations in November 2025 and a new warehouse and logistics center for aircraft engines and their spare parts has been put into operation at Lufthansa Technik AERO Alzey.
Additionally, construction of a new production facility for the maintenance and repair of engine parts and aircraft components at the future location of Lufthansa Technik Portugal in Santa Maria da Feira, south of Porto, is progressing according to plan, the company said. The facility, which will eventually employ up to 700 people, is scheduled for completion at the end of 2027.
The past year brought significant issues with which LHT had to grapple, CEO Soeren Stark said March 6.
“The past year presented us with very special challenges. The geopolitical changes, which were particularly marked by U.S. tariff policy, also affected the aviation industry with its global supply chains and close international networks,” Stark said. “However, despite all the challenges, we are confident that we will continue to grow significantly this year.
Stark described 2025 as a further step on LHT’s multi-year growth path, even with earnings at the previous year’s level.
“Despite the increasingly challenging environment, we are sticking to our earnings targets set out in Ambition 2030.” he added.
In addition to U.S. tariffs, ongoing cost increases for materials and a dollar devaluation that was unfavorable for Lufthansa Technik weighed on earnings. The adjusted EBIT margin declined to 7.5%, compared to 8.5% in 2024.
Looking ahead, LHT is considering options for strengthening existing aircraft overhaul capacities in the APAC region. In the Americas, work is under way on a new engine facility for Lufthansa Technik Canada at Calgary Airport. The planned repair workshop and integrated test stand are intended to create additional capacities in the North American market, especially for new-generation engine types.
Additional capacities in the components sector are being created at Lufthansa Technik Component Services in Tulsa, Oklahoma. The facility is being expanded, and the service portfolio is being supplemented with additional repair services.
“We are delighted that our strategy is meeting the needs of our customers,” Stark said. “Last year, we concluded new contracts with a volume of €8.8 billion, which for the first time were evenly distributed across all three regions of the world.”
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