Lufthansa plans on operating their own ground handling service at Munich Airport later this year. Additionally, the company is exploring a potential 100 percent acquisition of Swissport Losch GmbH & Co. KG at the Munich location.
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On Wednesday (February 19, 2025), Lufthansa announced their intention to begin operating their own ground handling service for at Munich Airport later this year. The company is also exploring a potential 100 percent acquisition of Swissport Losch GmbH & Co. KG’s Munich location from the current shareholders, Swissport Cargo Services Deutschland GmbH and Losch Airport Service München GmbH. This potential acquisition is subject to the granting of a license, the commercial agreement, and the approval of relevant antitrust authorities. If the takeover is approved, Lufthansa intends to retain Swissport Losch’s employees and to offer them long-term prospects.
In Wednesday’s announcement, Lufthansa Airlines’ CEO and Hub Manager Munich, Jens Ritter, said,
“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.”
Also commenting on the potential acquisition, Losch Airport Service’s CEO, Marc Losch, said,
“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.”
Swissport International’s President & CEO, Warwick Brady, added,
“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.”
Source: Lufthansa