Lufthansa

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Country Flag of Germany Germany
Sector Airlines
Offices -
Employees -

Brand value $3,296m
Brand rating AA+
Enterprise value $6,727m
Value / market cap 49.0%
This brand has received no votes.

Value for money

Reliability

Performance

Corporate responsibility

Emotional attachment


Market cap

Market cap for Lufthansa over a period of time

* For banks, enterprise value is substituted with market cap. Source: Bloomberg Finance L.P.

Performance of the brand

Headquartered in Cologne, Germany, the Deutsche Lufthansa AG represents one of the world’s leading airlines. Besides passenger flights, Lufthansa also operates Lufthansa Cargo, Lufthansa Technik dealing with maintenance, repair and overhaul services, the LSG Lufthansa Service Holding AG responsible for Catering under the brand LSG Sky Chefs, the Lufthansa Systems AG, an aviation IT provider, the Lufthansa WorldShop GmbH, as well as its frequent flyer programme Mile & More International GmbH.

With its strong international brand presence, Lufthansa made it to rank 1 within The BrandFinance® Top 20 Airline Brands 2011 brand valuations. Although the airline had to face financial difficulties after the economic crisis in 2008 and introduced its “Climb 2011” strategy with the aim to save one billion euros between 2009 and 2011, brand value still saw a continuous increase during this period. Starting off with $2,929 million in 2009, brand value increased by 18.7% in 2010 and by additional 9.3% in 2011, now totalling $3,801 million. Also Lufthansa’s enterprise value increased from $6,734 million in 2009 to a whopping $11,706 million in 2011, also resulting in the airline’s AA+ brand rating. These developments emphasise the strength of the Lufthansa brand itself. Since more than 80 years, the famous crane represents a central element of the company logo, signifying technical precision, aeronautical competence, as well as safe air travel. Lufthansa acts as a House of Brands, also including airlines like Swiss International Air Lines or the no-frills carrier Germanwings. Thus, Lufthansa represents one of the few airlines offerings its customers a broad range of products, ranging from low cost carriers like Germanwings to high end premium products on an international level.

League tables

Lufthansa appears in the following brand league tables:

Rank 26 in the Germany 30 2012.
Rank 341 in the Global 500 2012.
Rank 274 in the Global 500 2011.
Rank 21 in the Germany 30 2011.
Rank 274 in the Global 500 2011.
Rank 1 in the Top 20 Airline Brands 2011.
Rank 243 in the Global 500 2010.
Rank 3 in the Top 20 Airline Brands 2010.
Rank 224 in the Global 500 2009.
Rank 199 in the Global 500 2008.
Rank 188 in the Global 250 2007.

2012 brand performance*

Brand value $3,296m
Brand rating AA+
Enterprise value $6,727m
Value / ent. value 49.0%

* Figures taken on 31st December 2011.

2011 brand performance*

Brand value $3,801m
Brand rating AA+
Enterprise value $8,592m
Value / ent. value 44.2%

* Figures taken on 31st December 2010.

2010 brand performance*

Brand value $3,477m
Brand rating AA-
Enterprise value $10,951m
Value / ent. value 31.8%

* Figures taken on 31st December 2009.

2009 brand performance*

Brand value $2,929m
Brand rating AA-
Enterprise value -
Value / ent. value -

* Figures taken on 31st December 2008.

  Logo Deutsche Luft Hansa AG 1926

 

 Logo Deutsche Lufthansa AG 1954

 

 

 Logo Deutsche Lufthansa AG since 1964

Company history

After the merger of Deutsche Aero Lloyd and Junkers Luftverkehr AG on January 6, 1926, the “Deutsche Luft Hansa AG” was born. Until today, the carrier transformed to one of the world’s most renowned and successful airlines. With its Junkers F 13, Lufthansa was the first to use an aircraft specially designed for passenger flights. Back in 1926, Deutche Luft Hansa counted 162 airplanes, most of them outdated remainders of World War I. Within the 1930s, Lufthansa recognised it needed to appear as a reliable and comfortable airline in order to be successful. Thus, even experiences pilots were sent back to flight school where they learned how to fly by instruments only, as well as under adverse weather conditions to be prepared for any potential scenario. With new and bigger aircrafts, long-haul travel became possible. However, this euphoria soon ended within the 1940s, where Lufthansa found itself in war. Although the airline’s business continued as usual, Lufthansa was obliged by the German government to provide services and transport flights. However, during the years of World War II, an increasing number of routes had to be cut down and pilots now served the German air force. On April 22, 1945, the “old” Lufthansa operated its last flight before the Allied took over control and suspended all remaining passenger flights. The reestablishment of Deutsche Lufthansa happened in the early 1950s, also including the establishment of new centres in Hamburg, Cologne and Frankfurt. In 1954, the airline’s name finally changed into “Deutsche Lufthansa AG” and was accompanied by a new logo. After Lufthansa became part of the IATA in 1955, the carrier’s success started to kick-off with overseas flights. With the revolution of new jet aircrafts like the fourengined Boeing B707, Lufthansa was able to restructure its entire route network since the new airplanes flew with higher speed, increased capacities and improved ranges. Within the next decades, air space became more crowded with new airline companies starting their own operations. This development required Lufthansa to come up with a newly designed corporate identity and a more focused market orientation in order to compete for customers. When it became an official member of the “Star Alliance” in the early 1990s, Lufthansa soon became one of the industry leaders fully prepared to take off for the new millennium.

 

Strapline

Lufthansa - There's no better way to fly

Key people

 Dr. Christoph Franz, CEO

Dr. Christoph Franz serves as Chairman of the Executive Board and Chief Executive Officer Deutsche Lufthansa AG since January 1, 2011. As such, he is responsible for the Lufthansa Group, which comprises the Passenger Airline Group, Logistics, MRO, Catering and IT Services segments and has over 120,000 employees worldwide. From  1992  to  1994,  he  served  as  a  member  of  the  staff  team around  then-CEO  Jürgen  Weber  which  devised  and  effected  the  airline’s  corporate turnaround  following  the  upheavals  of  the  first  Gulf  War.  In 1994, Franz moved to Deutsche Bahn AG, where he held various executive functions over the next nine years.

 

 Stephan Gemkow, CFO

Stephan Gemkow has been Chief Financial Officer and a member of the Executive Board of Deutsche Lufthansa AG since 1 June 2006. As of June 2009 he is also responsible for Aviation Services. After joining Lufthansa in 1990, he then moved on to work in various management positions before serving as Area Sales Manager in Washington D.C. from 1994 to 1997. He subsequently took over as Head of Investor Relations, and in 2001, was appointed Senior Vice President Corporate Finance. In February 2004, Stephan Gemkow joined the Executive Board of Lufthansa Cargo AG, where he was responsible for Finance and Human Resources.

 

 Hubert Frach, VP Marketing

Since May 2008, Hubert Frach serves as Vice President Marketing for Deutsche Lufthansa and is responsible for the group’s brand management, as well as marketing and sales activities. He is also responsible for the marketing activities of Lufthansa’s frequent flyer programme Miles & More and the Lufthansa WorldShop.