Lufthansa Technik completions and cabin systems worth Eur400 million in 2006

From the Shephard Group...

HAMBURG-based Lufthansa Technik’s corporate/VIP completions and cabin systems business was worth as much as Eur400 million last year.

Speaking at yesterday’s annual report press conference in Hamburg, Dr Peter Jansen, the company’s chief executive finance, said that completions of types like the Airbus A318 Elite and the Bombardier Challenger 850 Business Jet, along with the cabin systems output of LHT’s Innovation Centre, had contributed 10-12 per cent of last year’s Eur3.4 billion revenue figure.

Of the completion programmes now under way, the A318 Elite and Challenger 850 are keeping the Hamburg hangars busy. LHT has an exclusive contract for the Elite: it is currently working on the first aircraft and has firm orders for a further ten. The company is contracted to complete 17 CRJ200-based Challenger 850s and is working on six of them.

News from the cabin systems side includes a move to make Apple’s iTunes Music Store available aboard aircraft equipped with LHT’s iPod docking station, which was unveiled last year as part of a Bombardier Challenger 300 upgrade based on the NICE Ethernet cabin network.

¶ 8:05 AM