LSG Group Enters into Global Partnership Agreement with Etihad Airways
Abu Dhabi, UAE/ Neu-Isenburg, Germany – The LSG Group (LSG) has entered into a global catering agreement with Etihad Airways within the framework of the new strategic commercial partnership between its parent company, Lufthansa German Airlines, and Etihad Aviation Group, unveiled last week.
The four-year $100 million catering agreement includes the provision of catering services to Etihad Airways in 16 cities in Europe, Asia-Pacific and the Americas. This makes LSG the largest provider of catering services to the UAE’s national airline outside its Abu Dhabi home base.
“This agreement with LSG is in line with Etihad Airways’ partnership strategy, working together with leading industry players around the world to ensure we continue offering our guests consistently high levels of service. LSG is an established and renowned provider of catering services to airlines globally, therefore we are delighted to enter into this new agreement with them,” said Peter Baumgartner, Etihad Airways’ Chief Executive Officer.
Erdmann Rauer, CEO of LSG Lufthansa Service Holding AG, added: “Our goal is to develop an integrated collaborative partnership with our customers that is built on trust and respect. This cooperation with Etihad Airways is mutually beneficial, as it delivers immediate benefits for our valued customer and provides us the opportunity to demonstrate the world-class catering services offered by LSG Group.”
The LSG Group is the world’s leading provider of end-to-end on-board products and services. These include catering, onboard retail and entertainment, onboard equipment and logistics, consulting and lounge services. The company’s dedication to culinary excellence and expertise in logistics has led to its successful entry into adjacent markets like train services and convenience retail. Its catering activities are marketed under the “LSG Sky Chefs” brand name, through which it delivers 591 million meals a year and is present at 211 airports in 50 countries. In 2015, the companies belonging to the LSG Group achieved consolidated revenues of € 3.0 billion.