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 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.