Lufthansa Technik remains resilient in a challenging market environment
- Revenue grows 11 percent to 4.4 billion euros, share of external business rises to 78 percent
- Adjusted EBIT reaches 315 million euros, margin at 7.1 percent
- Continued investment in global growth strategy despite greater volatility
Lufthansa Technik successfully remains resilient in the first half of 2026 in a market environment that remained strong but became increasingly volatile. High global demand for maintenance, repair and overhaul (MRO) services, combined with the company’s broad portfolio, contributed to a positive business performance. At the same time, Lufthansa Technik continued its investment strategy and further strengthened its position as the world’s leading provider of technical aircraft services through new customer agreements and facility expansions.
With revenue of 4.4 billion euros (+11 percent) and Adjusted EBIT of 315 million euros (+2 percent), Lufthansa Technik once again achieved a strong result in the first half of the year. Business with external customers increased by 21 percent and accounted for 78 percent of total revenue (prior-year period: 72 percent). However, operational performance continued to be shaped by cost pressure and market volatility. As a result, the margin declined to 7.1 percent (down 0.7 percentage points compared with the prior-year period).
External factors weighed particularly on performance in the second quarter. In addition to the effects of the Middle East crisis, which led to reduced demand for certain MRO services due to lower flight hours and postponed shop visits, operational performance was also affected by the weakening of the U.S. dollar compared with the previous year, as well as ongoing material shortages and delivery delays among aircraft, engine and component manufacturers and suppliers. Despite these headwinds, Lufthansa Technik was able to achieve a result slightly above prior-year level, supported by new customer contracts, consistent cost management and a one-time effect resulting from an insurance compensation payment.
“Demand for our services remains strong overall. At the same time, we are experiencing greater volatility in shop visits and less predictability than we did just a few years ago. This makes our close partnership with customers more important than ever. Through this customer focus and our ability to adapt quickly to changing conditions, Lufthansa Technik remains resilient and successful, even in a challenging market environment,” said Dr. Christian Leifeld, Chief Financial Officer of Lufthansa Technik.
Investments Lay the Foundation for Profitable Growth
Lufthansa Technik continues to pursue its long-term investment strategy consistently. An important milestone was the groundbreaking for the new production facility in Portugal, where the company will significantly increase its capacity for the repair of engine parts and aircraft components through an investment of several hundred million euros. The future site in Santa Maria da Feira, near Porto, is expected to create up to 700 highly skilled jobs.
In Asia, Lufthansa Technik is also continuing its growth trajectory and further reinforcing its presence in one of the world’s most dynamic aviation markets. With its new site in Clark, Philippines, the company is creating approximately 1,200 new jobs and additional capacity for widebody aircraft overhaul services.
In addition, Lufthansa Technik further developed its defense business. By taking on support services for the Boeing P-8A Poseidon, Lufthansa Technik Defense reached an important milestone in April and added technical support for maritime patrol aircraft to its portfolio. The ongoing support of the German Armed Forces’ largest airborne weapons system further strengthens the company’s role in the growing military MRO market.
“Our investments follow a clear objective: we want to grow profitably and create additional capacity where our customers will need it in the future. At the same time, we are continuing to advance our technological capabilities, whether in Europe, Asia, the Americas, or the growing defense sector,” explained Christian Leifeld.
On the customer side, Lufthansa Technik further deepened its cooperation with international partners. This includes, in particular, the agreement to provide Auxiliary Power Unit (APU) support for Air India’s Airbus A350 fleet, further expanding its footprint in one of the world’s fastest-growing aviation markets.
Stable Outlook for the Full Year
Despite the more challenging market environment, Lufthansa Technik continues to expect business performance for the full year to be clearly above the prior-year level. Sustained strong demand, long-term customer contracts, the expansion of its global production network, and disciplined cost management provide a solid foundation for this outlook.
Investments in infrastructure and capacity go hand in hand with investments in people. At the end of the first half of 2026, Lufthansa Technik employed 22,983 people worldwide.
“Especially in an environment characterized by strong demand, rising costs, and increasing market dynamics, we cannot focus solely on the present. The decisions we make today will determine our competitiveness tomorrow. That is why we continue to invest consistently in infrastructure, digitalization, sustainability, and talent. These investments create the foundation for long-term success and strengthen Lufthansa Technik’s resilience,” emphasized Christian Leifeld.
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