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.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More