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...

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