Within the framework of a new association with the consulting firm McKinsey & Company, Lufthansa Technik AG will now offer consulting services for the optimization of complex processes and the operative implementation of transformation programs.
The joint venture will be headquartered in Hamburg and is scheduled to begin its work during the first half of 2013 subject to the approval of the anti-trust authorities. It will bundle McKinsey's know-how with Lufthansa Technik's experience in the efficient design of complex processes in the maintenance and repair of aircraft for international customers in the airline industry and other sectors.
For years now, Lufthansa Technik AG, the world's leader in the aircraft maintenance, repair and overhaul (MRO) industry, has successfully structured processes in its own global network for maximum streamlining and efficiency, particularly through lean management projects. In addition, the company has long supported several of its customers in improving their own production and service processes.
"With this new joint venture and McKinsey's extensive know-how, we can offer our MRO customers as well as customers from other industries even greater support for their process optimization," explains Dr. Thomas Stüger, member of the Executive Board at Lufthansa Technik AG with responsibility for Products, Services & IT.
"Once the direction, schedule and milestones for a restructuring program are in place, it's critical to make sure that all the changes contribute to the common goal and that timetables and budgets are met. In their new joint venture, Lufthansa Technik and McKinsey will work together to ensure that this is achieved," said Detlef Kayser, Director at McKinsey.
Lufthansa Technik:
The Lufthansa Technik Group, with more than 30 subsidiaries and about 26,000 employees worldwide, is one of the leading manufacturer-independent providers of services for the aviation industry. Lufthansa Technik is licensed internationally as a repair, production and development enterprise. The Group's portfolio encompasses the entire spectrum of services in the areas of maintenance, repair, overhaul, modification and conversion, engines and components.
McKinsey & Company
McKinsey & Company is the leading management consulting firm in Germany and around the world. 28 of the 30 DAX corporations are among its clients. McKinsey is present in Germany and Austria with offices in Berlin, Düsseldorf, Frankfurt am Main, Hamburg, Cologne, Munich, Stuttgart and Vienna as part of a network of over 100 offices in 52 countries around the world.
