Lufthansa has sold the European portion of its LSG Group catering unit to Swiss-base Gategroup, its first step toward exiting the airline catering business segment altogether. “The sale is part of Lufthansa’s new strategy to focus more on the airline business in the future,” the company said. “The sale opens opportunities for the new owner to develop the catering business.” Financial details of the transaction were not revealed. The decision is the first ...

Subscribe to Access this Entire Article

"Lufthansa sells European component of catering unit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.