LSG Sky Chefs Sings Extension of Joint Venture in Nanjing
Neu-Isenburg, Germany – LSG Sky Chefs, the world’s largest provider of in-flight services, announced the extension of a joint venture agreement with long-term partner Nanjing Lukou International Airport, two years ahead of its expiry date. Nanjing is the capital of the Chinese province Jiangsu and part of the important Yangtze River Delta Economic Zone.
Nanjing was one of LSG Sky Chefs’ earliest joint ventures in China, when it was launched in 1998. Since then both the facility and the airport itself have enjoyed positive growth and success. The airport used to serve 2.1 million passengers per year in 1998 and today has a passenger volume of 11 million. Once the second assenger terminal is opened in 2013, the capacity will increase to an impressive 30 million annually.
The official signing of a new 15-year-agreement took place in Nanjing today. During his welcome speech, Walter Gehl, CEO of LSG Lufthansa Service Holding AG, said: "Today, we celebrate the confirmation of a strong partnership and a successful business that is ready to be part of a very prosperous future."
The LSG Group is the world’s leading provider of end-to-end onboard products and services for the travel industry. It possesses a strong portfolio of independent expert brands: LSG Sky Chefs (catering and hospitality, including lounges), Retail inMotion (onboard retail), SPIRIANT (onboard equipment) and Evertaste (convenience food). The LSG Group is headquartered in Neu-Isenburg, near Frankfurt, Germany. In 2017, its almost 35,000 employees achieved consolidated revenues of EUR 3.2 billion. Additionally, the LSG Group has a rich network of joint ventures and partnerships partners around the globe, employing more than 20,000 staff and generating non-consolidated revenues of EUR 1.3 billion. www.lsg-group.com