Investments
7Portfolio Exits
3Partners & Customers
10
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CB Insights Intelligence Analysts have mentioned Lufthansa in 8 CB Insights research briefs, most recently on Apr 11, 2022.
Latest Lufthansa News
Jan 26, 2023
Partnership between Munich Airport and Lufthansa to build and expand airport traffic began at the end of the 1990s By X Facebook link Flughafen München GmbH (FMG) and Lufthansa signed a letter of intent (LOI) to continue the sustainable development of Munich Airport. "In the LOI, both parties commit to a shared sustainability strategy, to the expansion of Munich Airport as an intermodal transport hub, to the needs-based expansion of infrastructure, and to the promotion of digitalisation and innovation in operations. This includes projects such as smart passenger handling and automated handling processes in order to make passengers’ travel experience more enjoyable and efficient," says a release from Munich Airport. Jost Lammers, CEO, Munich Airport, says: “We went through the hard times of the Covid-19 pandemic together with Lufthansa and we will return to our former strength together. With our shared goals of sustainability, innovation, digitalisation, and the persistent enhancement of Munich Airport as a premium hub, we will successfully continue this strategic partnership.” Stefan Kreuzpaintner, CCO, Lufthansa Airlines, adds: “Our partnership with Munich Airport can definitely be described as unique. Together, we will continue to take on and meet the challenges of the aviation industry. Sustainability is one of the top issues. This includes better rail links – not only to reach the airport quickly and conveniently but also to make a vital contribution to climate change mitigation.” The partnership between Munich Airport and Lufthansa to build and expand airport traffic began at the end of the 1990s, the release said. "With the joint construction and operation of Terminal 2, which opened in 2003, the two companies launched a unique model of cooperation in Europe – and established Munich Airport as an efficient global aviation hub." The satellite building, which opened in April 2016, marked the first expansion of this successful joint venture. Tags:
Lufthansa Investments
7 Investments
Lufthansa has made 7 investments. Their latest investment was in RYDES as part of their Corporate Minority on February 2, 2021.
Lufthansa Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/10/2021 | Corporate Minority | RYDES | Yes | Lufthansa, and Porsche Digital | 1 | |
1/21/2020 | Series D - II | |||||
1/22/2019 | Corporate Minority | |||||
11/21/2017 | Series A | |||||
1/1/2012 | Debt |
Date | 2/10/2021 | 1/21/2020 | 1/22/2019 | 11/21/2017 | 1/1/2012 |
|---|---|---|---|---|---|
Round | Corporate Minority | Series D - II | Corporate Minority | Series A | Debt |
Company | RYDES | ||||
Amount | |||||
New? | Yes | ||||
Co-Investors | Lufthansa, and Porsche Digital | ||||
Sources | 1 |
Lufthansa Portfolio Exits
3 Portfolio Exits
Lufthansa has 3 portfolio exits. Their latest portfolio exit was Lufthansa - European Catering on November 26, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/26/2019 | Divestiture | Lufthansa - European Catering | 1 | ||
Date | 11/26/2019 | ||
|---|---|---|---|
Exit | Divestiture | ||
Companies | Lufthansa - European Catering | ||
Valuation | |||
Acquirer | |||
Sources | 1 |
Lufthansa Acquisitions
6 Acquisitions
Lufthansa acquired 6 companies. Their latest acquisition was ITA Airways on January 25, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
1/25/2022 | Corporate Majority | 2 | ||||
12/21/2017 | ||||||
10/12/2017 | ||||||
9/28/2016 | Debt | |||||
10/1/2009 |
Date | 1/25/2022 | 12/21/2017 | 10/12/2017 | 9/28/2016 | 10/1/2009 |
|---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Corporate Majority | ||||
Sources | 2 |
Lufthansa Partners & Customers
10 Partners and customers
Lufthansa has 10 strategic partners and customers. Lufthansa recently partnered with Ditto on October 10, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
10/25/2022 | Vendor | United States | Lufthansa Digitizes Pre-Flight Checks with New iPad App Powered by Ditto. We look forward to the growing partnership with Ditto as we continue to invest in digitization and offline-first mobile applications , '' said Michael Hack , Solution Architect , Lufthansa . | 1 | |
10/21/2022 | Partner | Germany | Fraport and Lufthansa Establish “FraAlliance” Joint Venture Fraport AG and Lufthansa have formed a new joint venture called `` FraAlliance '' . | 1 | |
9/20/2022 | Vendor | United States | Lufthansa Selects Datometry to Accelerate Data Warehouse Modernization SAN FRANCISCO and COLOGNE , Germany , Sept. 20 , 2022 / PRNewswire / -- Datometry , the pioneer of d atabase virtualization , announced today that Deutsche Lufthansa AG , has selected the Datometry virtualization platform to accelerate the modernization of its on-premises data warehouse to Microsoft Azure Synapse . | 1 | |
9/12/2022 | Partner | ||||
8/9/2022 | Client |
Date | 10/25/2022 | 10/21/2022 | 9/20/2022 | 9/12/2022 | 8/9/2022 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Vendor | Partner | Client |
Business Partner | |||||
Country | United States | Germany | United States | ||
News Snippet | Lufthansa Digitizes Pre-Flight Checks with New iPad App Powered by Ditto. We look forward to the growing partnership with Ditto as we continue to invest in digitization and offline-first mobile applications , '' said Michael Hack , Solution Architect , Lufthansa . | Fraport and Lufthansa Establish “FraAlliance” Joint Venture Fraport AG and Lufthansa have formed a new joint venture called `` FraAlliance '' . | Lufthansa Selects Datometry to Accelerate Data Warehouse Modernization SAN FRANCISCO and COLOGNE , Germany , Sept. 20 , 2022 / PRNewswire / -- Datometry , the pioneer of d atabase virtualization , announced today that Deutsche Lufthansa AG , has selected the Datometry virtualization platform to accelerate the modernization of its on-premises data warehouse to Microsoft Azure Synapse . | ||
Sources | 1 | 1 | 1 |
Lufthansa Team
10 Team Members
Lufthansa has 10 team members, including current Chief Operating Officer, Ola Hansson.
Name | Work History | Title | Status |
|---|---|---|---|
Ola Hansson | Chief Operating Officer | Current | |
Name | Ola Hansson | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Operating Officer | ||||
Status | Current |
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