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Lufthansa Technik history
Lufthansa Technik company history timeline
In 1999, Lufthansa subsidiary GlobeGround GmbH acquired Hudson General Corp., the world's largest publicly traded airport services company.
The unit operated a fleet of 22 dedicated freighters and utilized cargo capacity on the passenger flights of Lufthansa and partner Spanair. Its revenues were $2.64 billion in 2000, when it had 5,000 employees.
Net profit was EUR 717 million for 2002.
The airline was aiming to grow its capacity to China by 50 percent, a company source told China Daily, after a new 2004 bilateral agreement increased access to the country's skies.
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Lufthansa Technik competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Aviation Technical Services | 1970 | $680.0M | 1,285 | 18 |
| Chainalytics | 2001 | $37.5M | 201 | - |
| Dynamic Aviation | 1967 | $43.0M | 561 | 7 |
| BizJet International | 1986 | $26.0M | 350 | - |
| Aviation Technology Group | 2000 | $6.6M | 101 | - |
| Embraer Aircraft Holding Corporation | 1979 | $120.0M | 240 | 41 |
| Comlux the Aviation Group | 2008 | $7.5M | 75 | - |
| Helicopters | 1997 | $284.9K | 5 | - |
| Flightstar Aircraft Services, LLC | 2000 | $38.7M | 3,000 | 7 |
| Professional Aircraft Accessories | 1997 | $25.9M | 100 | 2 |
Lufthansa Technik history FAQs
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Lufthansa Technik may also be known as or be related to Lufthansa Technik and Lufthansa Technik Sofia.