Lufthansa Technik revenue rises 11pc as margin pressures linger

Lufthansa Technik generated €4.4bn revenue in H1 2026, up 11pc
Adjusted EBIT margin declined 0.7 percentage points to 7.1pc
External customer work rose 21pc and now accounts for 78pc of sales
A new facility near Porto will create up to 700 jobs by 2028
The company has entered the defense sector with Boeing P-8A Poseidon support

Lufthansa Technik has generated €4.4bn in revenues during the first half of 2026, representing an 11pc year-on-year increase, while adjusted earnings before interest and taxes rose 2pc to €315m. The German MRO giant’s adjusted EBIT margin has declined by 0.7 percentage points to 7.1pc, reflecting continued cost pressures and operational disruption across the commercial aftermarket.

External customer work has been the major contributor to revenue growth, rising 21pc and accounting for 78pc of total sales compared with 72pc in the same period last year. The company’s CFO Christian Leifeld has noted predictability challenges related to the timing of aircraft and engine shop visits, with disruptions in the Middle East reducing flight hours and causing some customers to postpone scheduled maintenance activity during the second quarter.

The weakening of the US dollar and OEM delivery delays related to aircraft, engine and component manufacturers and their supply chain networks have further affected performance. LHT is moving ahead with adding capacity to its global network, having broken ground on a new facility near Porto, Portugal, which will focus on aircraft and engine components and create up to 700 jobs when operations begin in 2028. The company is also expanding its widebody aircraft MRO activities through a new facility in Clark, Philippines, expected to add approximately 1,200 jobs. The Lufthansa Technik Defense business has started providing support for Germany’s Boeing P-8A Poseidon maritime patrol aircraft, marking the addition of a further military aircraft type to its repair portfolio.

Christian Leifeld shared: “Global MRO demand remains robust across the commercial aftermarket, although we are experiencing greater volatility in shop visits and less predictability than we did just a few years ago.”