At the Lufthansa Group responsible and open corporate management, focused on sustainable value creation and cognizant of the rights of shareholders, is guaranteed by means of efficient corporate structures and processes. We have always strongly emphasized openness and clarity in our corporate communications. This is an important prerequisite for preserving and augmenting the trust in Lufthansa of our investors, our employees and the general public.

 

Management and Corporate Structure

Lufthansa is a publicly traded German company which operates under a dual management system with an Executive and a Supervisory Board, as is customary in Germany.

The Executive Board is independently responsible for the management of the company. The Supervisory Board appoints, advises and supervises the Executive Board.

Deutsche Lufthansa AG is an aviation group which is active in six strategic business segments. Its core business segment is Passenger Transportation. Other business segments are Logistics, Maintencance, Repair and Overhaul (MRO), Catering, Leisure Travel and IT Services. Deutsche Lufthansa AG is the ultimate parent company and, at the same time, the largest single operating company in the Group with the organisational unit Passenger Airlines. The five other business segments are represented by Lufthansa Cargo AG, Lufthansa Technik AG, Thomas Cook AG, LSG Lufthansa Service Holding AG and Lufthansa Systems AG.

 

Lufthansa’s Executive Board steers the entire Group with its central functions: chief executive, finance and aviation services/human resources. Inter-company agreements between Lufthansa AG and the Group’s companies secure a uniform and effective management of the Group. An executive management team has been set up to coordinate the businsses, which comprises the Executive Board and the senior management of the Group companies. The course is set for the next planning periods at  Group strategy meetings, while the Corporate Finance Committee monitors the adherence to the defined general conditions for investments and acquisitions and disposal of interests.

The management boards of the individual Group companies are responsible for their own business operations and profitability. They regularly report to the Lufthansa Executive Board and are also monitored by their own supervisory boards, which include members of the Lufthansa Executive Board.