Deutsche Lufthansa Stock

Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. As of December 31, 2017, the company’s fleet consisted of 728 aircraft with an average age of 11.4 years.

Segments

The company operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments.

Network Airlines

This segment consists of Lufthansa German Airlines, SWISS and Austrian Airlines. The Network Airlines carried 97 million passengers in 2017. In 2017, SWISS introduced a digital reading app, expanding its in-flight service portfolio for travellers in all classes. The offering consists of approximately 250 titles in ten languages and could be downloaded seven days before departure and up to three days after the flight. Austrian Airlines operates a global route network to 116 destinations in 46 countries with its own fleet of 83 aircraft. Austrian Airlines continues to develop its network. The Lufthansa CityLine and Air Dolomiti regional airlines are also part of Lufthansa German Airlines. In 2017, summer flight timetable, the route network consisted of 263 destinations in 86 countries, served through the international hubs in Frankfurt, Munich, Zurich and Vienna.

Point-to-Point Airlines

This segment consists of Eurowings, Germanwings and Brussels Airlines, as well as the equity investment in SunExpress.

Logistics

This segment consists of the scheduled airfreight activities of the Lufthansa Cargo group. The freighter fleet consisted of five Boeing 777F and twelve Boeing MD-11F aircraft as of the end of the financial year. Lufthansa Cargo markets capacities on its own freighters and chartered cargo aircraft, along with belly capacities on passenger aircraft operated by Lufthansa German Airlines, Austrian Airlines and on Eurowings long-haul flights.

Lufthansa Cargo is the logistics specialist within the Lufthansa Group. The freighter fleet consisted of five Boeing 777F and twelve Boeing MD-11F aircraft. In addition to Lufthansa Cargo AG, the Logistics segment includes the airfreight container management specialist Jettainer group, the time:matters subsidiary, which specializes in particularly urgent consignments, and the equity investment in the cargo airline AeroLogic. Lufthansa Cargo also has equity investments in various handling companies. Lufthansa Cargo offers connections to approximately 300 destinations in approximately 100 countries.

The focus of Lufthansa Cargo’s operations lies in the airport- to-airport airfreight business. Its product portfolio encompasses standard and express freight, as well as highly specialized products. These include the transport of living animals, valuable cargo, post and dangerous goods, as well as the growing sector of temperature-sensitive goods. The company has specialized infrastructure at Frankfurt Airport to handle these sensitive goods, including the Frankfurt Animal Lounge and the Lufthansa Cargo Cool Centre.

MRO

This segment provides maintenance, repair and overhaul services for civil and commercial aircraft and is represented by the Lufthansa Technik group. The portfolio covers various different product structures and combinations, from the repair of individual components to consultancy services and the fully integrated supply of entire fleets. The Lufthansa Technik group consists of 31 technical maintenance operations around the world. The company also holds direct and indirect stakes in 60 companies.

Lufthansa Technik’s range of services is provided by eight divisions: maintenance, aircraft overhaul, engines, components, aircraft systems, development and manufacture of cabin products, development of digital products, and completion and servicing of VIP aircraft. The portfolio covers a variety of different structured products and combinations, from the repair of individual components to consultancy services and the fully integrated supply of entire fleets.

2017, Lufthansa Technik presented AVIATAR, a platform for offering many digital maintenance, repair and overhaul products and services through many different apps. Lufthansa Technik has developed localisation software to optimise its internal processes.

Catering

This segment, represented by the LSG Lufthansa Service / Sky Chefs group, is the global market leader in airline catering. The LSG group offers a portfolio of products related to in-flight service. The company is present at 205 airports worldwide, with 198 plants and several partnerships.