Lufthansa has announced plans to manage part of the flights of Lufthansa Group Airlines at Munich Airport by itself later this year. The airline is considering a complete acquisition of Swissport Losch GmbH & Co. KG at the Munich location from current shareholders, Swissport Cargo Services Deutschland GmbH and Losch Airport Service München GmbH. This move aims to enhance operational stability and reliability for customers.
The potential acquisition depends on obtaining a license, reaching a commercial agreement, and receiving approval from relevant antitrust authorities. Through this strategic letter of intent, Lufthansa demonstrates its commitment to the Munich location. As part of the planned takeover, Lufthansa intends to retain jobs for employees at Swissport Losch GmbH & Co. KG and offer them long-term prospects. The existing shareholders will continue advising on the development of self-handling.
Jens Ritter, CEO Lufthansa Airlines and Hub Manager Munich, stated: “Securing jobs at Munich Airport and further developing the travel experience for our customers are of great importance to Lufthansa. Swissport Losch is a strong company with a long-standing partnership with Lufthansa. The company has outstanding employees who are characterized above all by their professionalism, commitment and service quality.”
Marc Losch, CEO LOSCH Airport Service, added: “The future of Swissport Losch and its employees in Munich is very important to us. We are pleased that we can offer our employees a secure future with this perspective.”
Warwick Brady, President & CEO of Swissport International, commented: “We are proud to support Lufthansa in the transition to their self-handling setup on the basis of our long-term partnership with the Lufthansa Group at Munich Airport. Our global expertise, particularly at major aviation hubs, will contribute to the operational stability and the takeover of Swissport Losch by Lufthansa provides exciting prospects for Munich’s talented ground service professionals.”
