Lufthansa Technik AG (LHT) has recorded strong earnings and record revenues, which the company says will lay the foundation for further investments in the future.
The aircraft technical services and MRO provider generated earnings of more than 600 million Euros in the 2025 financial year, and its revenues exceeded eight billion Euros for the first time, reaching 8.049 billion Euros at the end of the year (up 12% year-on-year). Three-quarters of LHT’s revenue now comes from business with customers outside the Lufthansa Group.
The Adjusted EBIT for FY25 was down 1%, at 603 million Euros – around the same as FY24 – due to negative earnings factors including US tariffs, ongoing cost increases for materials, and a dollar devaluation that was unfavourable for LHT. The adjusted EBIT margin therefore declined to 7.5% (it was 8.5% in FY24).
“The past year presented us with very special challenges,” said Soeren Stark, CEO of Lufthansa Technik AG. “The geopolitical changes, which were particularly marked by US tariff policy, also affected the aviation industry with its global supply chains and close international networks. However, despite all the challenges, we are confident that we will continue to grow significantly this year.”
Based on this revenue growth, Lufthansa Technik anticipates its earnings will increase by more than 10% annually by 2030 as part of its Ambition 2030 programme, an ambitious growth plan to meet increasing demand for repair and overhaul services.
“Even with earnings at the previous year’s level, 2025 was a further step on our multi-year growth path,” added Soeren Stark. “Despite the increasingly challenging environment, we are sticking to our earnings targets set out in Ambition 2030.”
Imminent investments
LHT made investments in the triple-digit million Euro range last year, and the company plans to invest more than two billion Euros over the next five years in the development and expansion of new and existing facilities, as well as in the company’s component pool. The investments will be made in all three regions of the world: the Americas, APAC (Asia/Pacific) and EMEA (Europe, Middle East and Africa).
Three new construction projects are underway at Lufthansa Technik’s headquarters in Hamburg, Germany, including additional workshop buildings for Special Aircraft Services and Aircraft Component Services. A new hydraulics workshop started trial operations back in November 2025, and a new warehouse and logistics centre for aircraft engines and their spare parts has been put into operation at Lufthansa Technik AERO Alzey in Germany.
A further investment is in the construction of a new production facility for the maintenance and repair of engine parts and aircraft components at Lufthansa Technik Portugal in Santa Maria da Feira, south of Porto, which LHT says is progressing according to plan. The facility, which will eventually employ up to 700 people, is scheduled for completion at the end of 2027, and will expand LHT’s repair capacities in Europe. A training centre was opened at the site in June 2025 and the qualification of the first employees has already begun.
LHT is also exploring options for strengthening its existing aircraft overhaul capacities in the APAC region. In the Americas region, the ground-breaking ceremony for a new engine facility for Lufthansa Technik Canada took place at Calgary Airport a few months ago. The planned repair workshop and integrated test stand are intended to create additional capacities in the North American market, especially for new-generation engine types.
Additional capacities in the components sector are being created at Lufthansa Technik Component Services in Tulsa, USA. The facility is being expanded to enable further growth, and the service portfolio is being supplemented with additional repair services.
New revenue sources
LHT says it has also made progress outside its core business. With the start of the system integration phase for the German PEGASUS signal intelligence aircraft and the beginning support for the German Navy’s P-8A Poseidon maritime patrol aircraft, the Lufthansa Technik Defense brand has achieved what it hails as “significant success” in establishing Lufthansa Technik as a partner to the armed forces, particularly the German Bundeswehr.
Other new business areas, technologies, and digital solutions were also developed and expanded: The Digital Tech Ops Ecosystem, consisting of AVIATAR, Flydocs, and AMOS, enables Lufthansa Technik to offer smart solutions for technical fleet management and support. Customers with 11,000 aircraft (representing one in three aircraft worldwide) are already using services from the ecosystem.
“We are delighted that our strategy is meeting the needs of our customers,” said Soeren Stark. “Last year, we concluded new contracts with a volume of 8.8 billion Euros, which for the first time were evenly distributed across all three regions of the world.”
A new sales record was achieved in the APAC region. Lufthansa Technik also noted high demand among customers in the Middle East, and it was able to expand its position in the engine business on the North American market.
