Lufthansa Technik Prospering in Fierce Market

Aviation International News » June 2003
October 11, 2007, 7:19 AM

Completions of corporate and VIP aircraft were worth $111 million in sales to Lufthansa Technik last year, an increase of 20 percent over the 2001 figure. “A big VIP aircraft completion represents between 100,000 and 200,000 working hours,” noted executive board chairman August Wilhelm Hennigsen. “Currently our capacity is fully utilized through most of the third quarter.” But the market is fierce. “We are competing for other projects and are confident we will get one,” he said. Otherwise we will have to try to redeploy staff.”

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X