4-Feb-2010 11:52 AM

Lufthansa Technik forecasts flat revenue in 2010

Lufthansa Technik Chairman of the Executive Board, August Wilhelm Henningsen, stated a flat revenue result in 2010 would be a “good” result, and is the company’s expectation, as the year would be one of recovery for airlines (Reuters, 03-Feb-2010).

Lufthansa Technik: "If we can make similar revenues that we made in 2009, I think that's good. That's my expectation because I think it's a year of recovery for the airlines, hopefully. The Asian airlines are coming back, but the rest are still not…Some airlines are growing even in a crisis, so this is an opportunity we have, and that's why we need to stay in this business," August Wilhelm Henningsen, Chairman of the Executive Board. Source: Reuters, 03-Feb-2010.