Tag page - Lufthansa Technik Philippines (LTP)

MacroAsia Corporation, an airline services firm controlled by taipan Lucio Tan, reported that record revenues led to a 132 percent surge in consolidated net income of P1.07 billion in 2023, more than double the P461.43 million earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE),...

Trade and Industry Secretary Fred Pascual visited the MRO facility of Lufthansa Technik Philippines (LTP) on Jan. 30, 2023 to welcome the arrival of the first reactivated Lufthansa A380 at the LTP MRO facility in Villamor Airbase. The Lufthansa Aircraft that arrived in the country from Frankfurt,...

Lufthansa Technik Philippines (LTP) will be implementing a Rightsizing Program that will reduce the size of its workforce by 300 which brings it to 2,700 or 20 percent lower than pre-pandemic level. In a statement, LTP President and CEO Elmar Lutter said the decision came after careful study and...