Following an invitation from US President Barack Obama, Carsten Spohr, Chairman of the Executive Board and CEO of the Lufthansa Group, took part in round-table talks with an international delegation of business leaders in the White House.
Following an invitation from American President Barack Obama and US Commerce Secretary Penny Pritzker, Carsten Spohr, Chairman of the Executive Board and CEO of the Lufthansa Group, represented German business at round-table talks with an international delegation of ten business leaders in the White House today. The participants met in the Roosevelt Room of the White House at 10 a.m. local time (4 p.m. CET). At 10.45 a.m., the President welcomed his guests to a discussion on direct investment by foreign companies in the USA.
Under the “SelectUSA” initiative launched by the US President, the US government is specifically promoting foreign direct investment in the USA. The establishment of a new Lufthansa Technik maintenance facility is seen in American government circles as a showcase project for this initiative. In April, Europe’s largest aviation group announced that Lufthansa Technik would be setting up a new location for overhauling short and medium-haul aircraft in Puerto Rico. The new facility on the grounds of a former US Air Force base is expected to employ up to 400 people.
The move means that the Lufthansa Group is further expanding its presence in America. The German company has over 10,000 employees in the United States, making it an important employer in a number of different US states, and is also a significant investor there. For example, the Lufthansa subsidiary LSG Sky Chefs, the largest catering company in the world, operates a total of 40 facilities in the USA. The Group’s major airlines – Lufthansa, Swiss, Austrian Airlines and Brussels Airlines – have long-standing business relationships with American companies such as Boeing, Honeywell and General Electric. In 2013 alone, these airlines ordered a total of 40 new 777 aircraft from Boeing.
After Europe, North America – and in particular the US market – is the most important traffic region for the airlines of the Lufthansa Group. Lufthansa, Swiss, Austrian Airlines and Brussels Airlines serve a total of 19 destinations in the USA with 325 flights per week. Added to this is the wide-reaching route network of the Group’s US joint venture partner United Airlines. Lufthansa and United Airlines were among the founding members of the Star Alliance in 1997, which is the world’s largest airline alliance today.
Deutsche Lufthansa AG Media Relations Lufthansa Group