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Lufthansa German Airlines
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| Company Logo |
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| Office Address |
56,
Janpath,
New Delhi
Delhi-110001
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Phone
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+91-11-23724214
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| Primary Industry |
International Airlines
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| Business Summary |
All the business segments of the Lufthansa Group contributed to the improved result with their positive and partly even increased operating profit. In the Passenger Business segment, the exorbitant increase in fuel costs and the restrained demand in certain markets had a negative influence on the result. Therefore, it is pleasing that sales in this segment could be increased in spite of the considerable burden placed on it by the world economy. The attractive premium products, the selective expansion of the offer and the successful integration of SWISS all played decisive roles in ensuring this success. Mayrhuber stressed that with the current difficult market environment that was already causing many airlines to cancel schedules and significantly reduce their fleet and personnel capacities, the time is now more right than ever to focus on the things that one is actually in control of. Besides the quality, these include particularly efficiency, internal costs, flexibility and provisions, for example, in the form of fuel price hedging.
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| Services Summary |
The Logistics business segment also achieved a significant rise in revenue and an improved operating result during the first six months of the year. The MRO business segment was also able to achieve growth and increase its contribution to the result. The result of the Catering business segment was on par with the previous year's result. The IT Services business segment was able to profit from targeted cost management. Lufthansa remains on course with an improved operating result: during the first six months of 2008, the Group increased its offer and sales. The Group improved its operating result to 705 million euros, which marked an increase of 219 million euros in comparison with the first six months of 2007. The newly consolidated SWISS contributed a share of 157 million euros.
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| Publicly traded |
No
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Contact Persons
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| Name |
Phone |
Email |
| Mr. Werner Heesen |
+91-11-23724214 |
sangeeta.sharma@deh.de |
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Executive Team
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| Executive Name |
Designation |
Phone |
| Mr. Werner Heesen |
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+91-11-23724214 |
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| Company Website |
http://www.lufthansa-india.com
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