Quantcast

Lufthansa considers acquiring Swissport Losch at Munich Airport

Delta, American Dive On Slashed Outlooks; But Two Airlines Rally
Competitors are circling Southwest after the airline announced it's going to start charging for checked bags
Exclusive: Dominican Low-Cost Carrier Arajet Wants to Disrupt NYC Market
Boeing deliveries rise 63% in February from a year earlier
Transportation Secretary Duffy Lays Out 10 Ways the FAA Is Working to Upgrade Air Traffic Control and Make Flying Safer
EasyJet pilot Paul Elsworth suspended after flying too close to mountain
Delta Air Lines bets on ‘blended-wing’ flight to reduce emissions
Europe's airlines pivot to bite size M&A deals to limit cost, regulatory burden
Dave Emerson named new CEO of Virgin Australia, replacing Jayne Hrdlicka
Ryanair DELAYS controversial new boarding pass rule to avoid summer chaos
FAA Orders Inspection, Replacement of 737NG Engine Parts
Spirit Adds New Airport, Three Routes
Delta crash passengers should take the $30,000 payment, their lawyers say. Here’s why.
Budget airline launches new cheap flights to one of the UK’s top winter sun destinations
Brazilian airline Azul to go 'back to basics' after challenging 2024
Airlines cancel flights as air travel to ‘grind to complete halt’ this week ahead of major strike action in Europe
Dramatic moment American Airlines plane diverted to Rome is escorted by fighter jets after mid-air bomb threat
Jetstar Faces Major Backlash as Nationwide System Outage Causes Travel Chaos, Stranding Passengers and Disrupting Flights Across the Australian Airline Industry
Sudden oil supply outages creating turbulence for airline industry
Southwest's layoffs dent its worker-first culture
Abu Dhabi's long-haul carrier Etihad Airways sees record $476 million profit in 2024
Jet2 warns of profits squeeze from rising costs and late bookings
Southwest bends further to activist shareholder Elliott's demands
Downgraded on a flight? Take these simple but important steps to get your money back
Delta Offers Over $2 Million to CRJ Crash Passengers
Boeing Delays Continue for Alaska, Hawaiian
Hong Kong Airlines launches daily Sydney flights
Airline to launch new bunk beds in economy on long-haul flights next year
How Airline Employees Are Coping After Deadly Washington Crash
Major airline reverses in-flight menu change amid outcry
Lufthansa considers acquiring Swissport Losch at Munich Airport
Airports
Webp migc4zpyaur5bkwkvjsaacqkscnc
Lufthansa Boeing 787 | Lufthansa

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."

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

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.”

Organizations Included in this History
More News

Delta Air Lines has introduced a new series of trading cards featuring Centennial colors and branding as part of its 100th-anniversary celebrations.

Mar 28, 2025

The US Space Force has raised concerns about China's activities in space, suggesting that the country is developing its satellite maneuverability to a point where it could engage in "dogfighting" tactics.

Mar 28, 2025

Frontier Airlines is expanding its network with the introduction of three new routes from San Diego International Airport (SAN).

Mar 28, 2025

Alaska Airlines may soon join the joint venture between Japan Airlines and American Airlines.

Mar 28, 2025

Flying Food Group (FFG) has announced its participation in the United Nations Global Compact, aiming to align with international sustainability goals.

Mar 28, 2025

David Cotton, CEO of Flying Food Group, said that the company is committed to sustainability and is "implementing innovative solutions to reduce our environmental footprint."

Mar 28, 2025