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Lufthansa Systems

Company Profile Analysis

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Lufthansa Systems - Aerospace showcase

Year Founded & Workforce

2015

2,200 Employees

Industry

Aerospace

Services

In-flight entertainment solutions
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Lufthansa Systems Employee Contacts

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Lufthansa Systems Overview

Company Headquarters: Raunheim, Hessen, Germany

Founded: 2015

Workforce: ~2,200

Company Working: Lufthansa Systems operates as a subsidiary of Lufthansa Group. It was formed as a spin-off of the Lufthansa Group’s airline solutions division. It is one of the leading providers of IT services to the aviation industry and has also managed to establish its presence in over 16 countries. Over the years, the firm has managed to create a brand that the global airline industry is familiar with. The firm offers more than 300 of its airline customers an extensive range of market-leading in-flight products and services.

The firm specializes in consulting, analytics, airline solutions, application management, mobile solutions, mobile apps, digitalization, flight preparation, connectivity, in-flight entertainment, finance solutions, flight planning, and flight monitoring. In the year 2015, Lufthansa Systems undertook a reorganization to mainly operate through its three operating units–infrastructure, airline solutions (currently known as Lufthansa Systems), and industry solutions (currently known as Lufthansa Industry Solutions). The company developed BroadConnect, a wireless IFE platform, which enables passengers to watch movies, shop, or find out information regarding destinations using their mobiles, laptops, or tablets. This entertainment platform can also be tailored as per the requirements of airline customers.

Strategy

Lufthansa Systems is focussing on increasing its number of international clients and therefore, extend its geographic reach by catering to different airline customers with their extensive in-flight entertainment services. The company is also looking forward to forming strategic alliances with different companies to increase their market presence.

Company Snapshot

$33,372.8M

Revenue

2,200

Employees

2015

Founded

Raunheim, Hessen, Germany

Headquarters

SWOT Analysis

Strengths

  • Experience in the aviation industry
  • Global presence
  • Wide range of IFE products and services

Weaknesses

  • Dependence on US government contracts

Opportunities

  • Increase in air passenger traffic in Asia-Pacific

Threats

  • Stringent aviation regulations

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Product Offering

  • Lufthansa Systems
    • In-flight entertainment solutions

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 33,372.8 Mn in 2016 to USD 41,041.4 Mn in 2018.
Lufthansa Systems — By Business Segment
Series (USD Mn)201620172018
Revenue33,372.842,669.941,041.4

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