October 23, 2014 9:17 AM ET

Aerospace and Defense

Company Overview of Lufthansa Technik AG

Company Overview

Lufthansa Technik AG, together with its subsidiaries, operates as a manufacturer-independent provider of maintenance, repair, overhaul (MRO), and modification services in the civil aviation industry worldwide. The company offers aircraft services, including maintenance management, line maintenance, C-checks and annual visits, overhaul and modification, painting, and maintenance support; and engine services comprising repair and overhaul, auxiliary power unit, engine parts and accessories repair, and engine assessment services. It also provides total material operations, total component support, total component maintenance, single component maintenance, airframe related component, marking, an...

Weg beim Jäger 193

Hamburg,  22335


Founded in 1994


49 40 5070 3514


49 40 5070 8331

Key Executives for Lufthansa Technik AG

Chairman of the Executive Board
Age: 63
Head of Finance and Member of the Executive Board
Age: 60
President and Chief Executive Officer of Lufthansa Technik Philippines Inc.
Chief Executive Officer of Lufthansa Technik Malta
Chief Executive Products
Age: 58
Compensation as of Fiscal Year 2014.

Lufthansa Technik AG Key Developments

Lufthansa Technik AG Announces Executive Changes

Lufthansa Technik AG has appointed Johannes Bussmann as the new chairman of the executive board. Dr. Bussmann will take over the position from August Wilhelm Henningsen on April 1, 2015, with Mr. Henningsen due to retire in the coming year.

Lufthansa Technik to Expand South Florida Regional Office in Miramar

Lufthansa Technik will consolidate and expand its South Florida regional office in Miramar. The project will create a capital investment of $114,000 and will create 24 jobs in the region.

Lufthansa Technik to Build Facility in Puerto Rico

Lufthansa Technik announced that it had signed a deal with Puerto Rico's government to build a facility for aviation maintenance, repair and overhaul in the U.S. territory. The facility will be based at the Rafael Hernandez International Airport in the northwest town of Aguadilla and is expected to serve short- and medium-haul aircraft. JetBlue and another unidentified major U.S. client have committed to using the facility, which will be run by Lufthansa Technik Puerto Rico Construction will begin in the next three months, with Lufthansa Technik expected to hire up to 400 employees. The facility will run a total of five overhaul lines, initially operating only two lines for checks on the Airbus A320.

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