Lufthansa Technik reported H1 2026 revenue of €4.4 billion, up 11% year-on-year, with adjusted EBIT of €315 million. External business grew to 78% of revenue. The company continues investing in new facilities in Portugal and the Philippines, and expanded its defence business, despite market volatility and margin pressure.
Lufthansa Technik has reported revenue of €4.4 billion ($4.7 billion) for the first half of 2026, an increase of 11% year-on-year, alongside adjusted earnings before interest and tax (EBIT) of €315 million, up 2%.
The company says high global demand for maintenance, repair and overhaul (MRO) services, combined with its broad service portfolio, supported the result, though cost pressure and market volatility weighed on margins. Adjusted EBIT margin declined to 7.1%, down 0.7 percentage points on the prior-year period.
Business with external customers grew 21% and accounted for 78% of total revenue, up from 72% a year earlier.
Lufthansa Technik attributes second-quarter headwinds to reduced demand for certain MRO services linked to the Middle East crisis, lower flight hours and postponed shop visits, alongside a weaker U.S. dollar and continuing material shortages and delivery delays among aircraft, engine and component manufacturers and suppliers. The company says new customer contracts, cost management and a one-time insurance compensation payment helped offset these pressures.
According to Christian Leifeld, chief financial officer at Lufthansa Technik, “Demand for our services remains strong overall. At the same time, we are experiencing greater volatility in shop visits and less predictability than we did just a few years ago. This makes our close partnership with customers more important than ever.”
The company held a groundbreaking for a new production facility in Santa Maria da Feira, near Porto, Portugal, where it plans to invest several hundred million euros to expand capacity for engine parts and aircraft component repair. The site is expected to create up to 700 jobs.
In Asia, Lufthansa Technik is building a new site in Clark, Philippines, expected to create around 1,200 jobs and add capacity for widebody aircraft overhaul services.
The company’s defence arm, Lufthansa Technik Defense, took on support services for the Boeing P-8A Poseidon maritime patrol aircraft in April, adding to its work supporting the German Armed Forces’ airborne weapons systems.
Leifeld added: “Our investments follow a clear objective: we want to grow profitably and create additional capacity where our customers will need it in the future. At the same time, we are continuing to advance our technological capabilities, whether in Europe, Asia, the Americas, or the growing defense sector.”
Lufthansa Technik has also agreed to provide auxiliary power unit (APU) support for Air India’s Airbus A350 fleet.
The company says it expects full-year business performance to remain clearly above prior-year levels, citing sustained demand, long-term customer contracts, its expanding production network and cost discipline. Lufthansa Technik employed 22,983 people worldwide at the end of the first half of 2026.
Leifeld said: “Especially in an environment characterized by strong demand, rising costs, and increasing market dynamics, we cannot focus solely on the present. The decisions we make today will determine our competitiveness tomorrow.”
