LSG Sky Chefs Restructures Activities in Germany
Neu-Isenburg, Germany LSG Sky Chefs, the worlds largest provider of in-flight services, will restructure its airline catering activities in Germany by July 1, 2011. LSG Sky Chefs Deutschland GmbH will be split into a management company and 12 individual operating companies. These companies will have the legal form of limited liability companies (GmbH).
"This re-alignment in the German market will strengthen the entrepreneurial scope of the individual locations, and offer an improved perspective for all parties involved," explains Walter Gehl, CEO of LSG Lufthansa Service Holding AG. By establishing independent limited liability companies, or GmbH as they are known in Germany, the flexibility and speed of these individual locations to adjust to their specific market conditions will increase, thus generating improved competitiveness and growth.
LSG Sky Chefs Deutschlands membership in the employers association (Arbeitgeberverband Luftverkehr – AGVL) will be transferred to the new companies, which ensures that the collective agreements and labor contracts remain unchanged.
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.