Lufthansa Technik profits up 14pc to $92.3m

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Soeren Stark CEO of Lufthansa Technik
Soeren Stark CEO of Lufthansa Technik

Pre-tax profits at Lufthansa Technik Airmotive Ireland rose 14pc to $92.3m (€82.4m) last year.

Revenue increased to $170m from $156m, driven by growth in global passenger traffic. Turnover in the engine component repair unit climbed 15pc compared to 2023.

Engine leasing division turnover grew 4.7pc after a 13.5pc decline in 2023. The company employs about 400 people in Ireland across Shannon and Leixlip sites.

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