ASIM, May 06
We continued our growth trajectory in the first quarter of 2026, although the start to the fiscal year was somewhat more moderate than expected overall. Revenue rose to €2.3 billion (+12% year-on-year), reflecting continued strong global demand for aircraft technical services. Revenue from third-party customers increased further, reaching 78%.
Earnings remained stable at €158 million, while the margin declined from 8.0% to 7.0%. This development was mainly driven by ongoing material shortages – especially in engine maintenance – higher material costs, and a less favorable U.S. dollar exchange rate compared to the prior year.
Beyond financial performance, we are actively preparing for what lies ahead. We are closely monitoring geopolitical developments in the Middle East and assessing potential impacts on our customers and operations, while maintaining strict cost discipline and an unwavering focus on customer service.
We also continue to invest heavily in our global network:
✈️ New state-of-the-art facilities in Tulsa (USA) at Lufthansa Technik Engine Services
🏗️ Groundbreaking soon at Lufthansa Technik Portugal, creating around 700 jobs
🔧 Ongoing expansion at Lufthansa Technik Canada and Lufthansa Technik Malta Ltd.
🌱 Innovation milestones such as additional AeroSHARK deployments and our largest-ever engine services contract in China
Finally, recent collective bargaining agreements strengthen our German locations and enhance our attractiveness as an employer.
Despite increasing external challenges, we remain committed to sustainable growth, operational excellence, and long-term investments worldwide.
#LufthansaTechnik #MROexperts #keepyouflying
