Lufthansa Technik Revenues Down 43% In 2020

Lufthansa Group
Credit: Lufthansa Group
Lufthansa Technik (LHT) saw 2020 fourth-quarter (Q4) revenue fall 54% year-over-year as airline maintenance needs fell along with demand for passenger flights, with the drop in internal revenue outpacing that generated by third-party work. The aftermarket giant posted revenues of €774 million ($935...
Sean Broderick

Senior Air Transport & Safety Editor Sean Broderick covers aviation safety, MRO, and the airline business from Aviation Week Network's Washington, D.C. office.

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