Lufthansa owns and operates an airline that provides flight services. Read more

19 Followers on Owler
19 Followers on Owler
19 Followers on Owler
19 Followers on Owler

Lufthansa owns and operates an airline that provides flight services. Read more

Carsten Spohr's photo - Chairman & CEO of Lufthansa Group

Chairman & CEO

Carsten Spohr

CEO Approval Rating

81/100

Founded:

1953

Status:

PublicIndependent CompanyFRALHA

TOP COMPETITORS OR ALTERNATIVES

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easyJet is Lufthansa Group's #1 competitor. easyJet was founded in Bedfordshire, England} in 1995. Like Lufthansa Group, easyJet also competes in the Airlines industry. Compared to Lufthansa Group, easyJet generates $18.3B less revenue.

Ryanair is one of Lufthansa Group's top competitors. Ryanair was founded in 1984 in Swords, County Dublin. Like Lufthansa Group, Ryanair also operates in the Airlines industry. Ryanair generates $17.8B less revenue than Lufthansa Group.

IAG is a top competitor of Lufthansa Group. IAG was founded in 2011, and is headquartered in Harmondsworth, England. Like Lufthansa Group, IAG also competes in the Airlines field. IAG generates $8B less revenue vs. Lufthansa Group.

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Competitor - 1/1

Is Southwest Airlines a competitor of Lufthansa Group?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$22.2B

Lufthansa Group's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 8.3B. Over the last three quarters, Lufthansa Group's revenue has decreased by 56.3%. Specifically, in Q3 2020's revenue was $3.1B; in Q2 2020, it was $2.1B; in Q1 2020, it was $7.1B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Brussels Airlines

Sep 2016

Source »
undisclosed
Brussels Airlines is an airline company that offers passenger, cargo and freight transportation services.

These are all the companies that Lufthansa Group has acquired. Lufthansa Group's latest acquisition was Brussels Airlines in Sep 2016. Brussels Airlines is an airline company that offers passenger, cargo and freight transportation services.

Lufthansa Group Funding History

No recent funding data found related to Lufthansa Group

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Vayant is a cloud based software company that provides pricing, shopping, merchandising and NDC distribution solutions for the airline sector.
-
Jul 13, 2014
Equity
-

These are all the companies that Lufthansa Group has invested in. Lufthansa Group's latest investment was Brussels Airlines in Sep 2016. Brussels Airlines is an airline company that offers passenger, cargo and freight transportation services.

Lufthansa Group News

December 16, 2020Business Travel News

United, Partners to Extend Corporate Contracts Expiring Throughout 2021

United Airlines, along with partners Air Canada, the Lufthansa Group and All Nippon Airways, are expa... See more »
December 16, 2020Travel Weekly

Sabre and Lufthansa Group reach 'landmark' deal

Travel agencies will be able to access the airline group's content in the GDS through legacy technolo... See more »
December 3, 2020Business Travel News

Lufthansa Group Appoints New Head of Sales

Lufthansa Group has announced that Stefan Kreuzpaintner on Jan. 1 will assume responsibility for the ... See more »
November 20, 2020Breaking Travel News

New chief executives for three Lufthansa airlines

Lufthansa Group has shuffled its top management positions, with new leaders for Swiss, Lufthansa Carg... See more »
November 11, 2020FE Investegate

Deutsche Lufthansa Aktiengesellschaft launches the offering of approx. EUR 525 million convertible bonds due 2025

6:57 AM: Deutsche Lufthansa Aktiengesellschaft launches the offering of approx. EUR 525 million conve... See more »
November 11, 2020Flight Global

Lufthansa Group names new chief financial officer

Lufthansa Group has appointed Remco Steenbergen to serve as chief finance officer from 1 January.... See more »
November 5, 2020THE IRISH TIMES

Lufthansa warns of higher cash drain, restructuring costs

Lufthansa warned on Thursday it will burn through more cash in the fourth quarter than in the third a... See more »

Lufthansa Group Press Releases

September 24, 2020Travel PR News

Lufthansa Group launches contactless way to report and track delayed baggage through SITA's WorldTracer Self Service

Two-thirds of passengers opt to use SITA's service rather than visit a baggage counter. Frankfurt, Ge... See more »
September 1, 2020Travel PR News

Lufthansa Group reimbursed over 2.5 billion euros to a total of 5.6 million customers

This week, 140,000 refund applications were processed and paid out. Processing and payment of all ref... See more »
August 21, 2020ForImmediateRelease

Over 2.3 billion euros in ticket costs reimbursed so far

ForImmediateRelease: at Lufthansa alone, 92 per cent of all refund applications from the first half-y... See more »
July 23, 2020ForImmediateRelease

Lufthansa expands touristic offer to include two additional sunny destinations in the Canary Islands

ForImmediateRelease:Starting 3 October, flights to Gran Canaria (LPA) and Tenerife (TFS) will be avai... See more »
June 29, 2020ForImmediateRelease

50 percent of the fleet back in the air

ForImmediateRelease:Lufthansa Group airlines publish flight schedules through the end of October, enc... See more »
June 25, 2020ForImmediateRelease

Shareholders pave the way for stabilization measures

ForImmediateRelease:98 percent vote to approve at Extraordinary General Meeting Carsten Spohr: "Decis... See more »
June 25, 2020ForImmediateRelease

Lufthansa and Independent Flight Attendants Union UFO agree on crisis package

ForImmediateRelease:Savings of more than half a billion euros agreed for Deutsche Lufthansa AG's larg... See more »

Lufthansa Group Videos

Social Media

Headquarters

Venloer Straße 151-153

Cologne, North Rhine-Westphalia50672

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Summary

ABOUT

Overview

Lufthansa owns and operates an airline that provides flight services. Lufthansa Group was founded in 1953. Lufthansa Group's headquarters is located in Cologne, North Rhine-Westphalia, DE 50672. Lufthansa Group's latest acquisition was Brussels Airlin...

CEO

Lufthansa Group's Chairman & CEO, Carsten Spohr, currently has an approval rating of 81%. Lufthansa Group's primary competitors are easyJet, Ryanair & IAG.

Website

lufthansagroup.com

Frequently Asked Questions about Lufthansa Group

  1. When was Lufthansa Group founded?

    Lufthansa Group was founded in 1953
  2. Who is Lufthansa Group's CEO?

    Lufthansa Group's CEO is Carsten Spohr
  3. How much revenue does Lufthansa Group generate?

    Lufthansa Group generates $22.2B in revenue
  4. How much funding does Lufthansa Group have?

    Lufthansa Group has historically raised $0 in funding
  5. Where is Lufthansa Group's headquarters?

    Lufthansa Group's headquarters is in Cologne North Rhine-Westphalia, DE
  1. How many employees does Lufthansa Group have?

    Lufthansa Group has 124,534 employees
  2. What sector does Lufthansa Group operate in?

    Lufthansa Group is in Airlines
  3. Who are Lufthansa Group's competitors?

    Lufthansa Group's top competitors are easyJet, Ryanair, IAG
  4. Who has Lufthansa Group invested in?

    Lufthansa Group's has invested in companies such as Vayant