Media report: Lufthansa is apparently considering a partial sale of its IT subsidiary
Quick Look
- According to media reports, Lufthansa is considering selling parts of its IT subsidiary Lufthansa Systems in order to concentrate on core businesses.
- The value could be almost one billion euros, and buyers would probably be financial investors.
AI-generated summary
Why It Matters
For several years, Lufthansa has pursued a strategy of divesting itself from peripheral businesses in order to concentrate on passenger, freight and maintenance businesses. In 2023 it sold the catering business and in 2024 the AirPlus credit card division for 450 million euros.
Lufthansa would like to divest itself of its peripheral businesses step by step. This could now also include a partial sale of their IT company Lufthansa Systems.
Deutsche Lufthansa aircraft: The group wants to strategically concentrate on the passenger and freight business as well as maintenance. (Archive image) Photo: Lando Hass/dpa
Frankfurt. According to a media report, Lufthansa is considering selling parts of its software division Lufthansa Systems. The value of the deal could be close to a billion euros, the Financial Times reported on Friday, citing people familiar with the matter.
The airline has already hired bankers to examine the sale of the IT service provider for the aviation industry. A Lufthansa spokesman declined to comment.
Lufthansa Systems offers IT solutions for airlines, has around 3,100 employees worldwide and its headquarters in Raunheim near Frankfurt am Main.
A sale would be part of the strategy that has been pursued for several years to divest from peripheral businesses. The group wants to concentrate on the passenger and freight business as well as maintenance. Lufthansa sold its catering business in 2023 and its AirPlus credit card division in 2024 for 450 million euros.
According to the Financial Times, the software offerings Lido and Netline, which offer services such as flight and deployment planning, are now under discussion. The revenue accounting division, Sirax, could also be part of the sale.
Financial investors are considered likely buyers. However, according to the report, the insiders emphasized that the talks were at an early stage and no decisions had been made yet.
More: Eurowings is examining short-time work due to high kerosene costs
What to Watch
AI outlook — possibilities, not facts
Lufthansa will make a decision on the scope of the sale of Lufthansa Systems within the next 6 months.
Likely · Within months
Open Questions
- Which exact shares of Lufthansa Systems should be sold?
- What exact price is expected?
- Which financial investors are showing specific interest?
- When is a decision expected?
