Major subsidiaries, joint ventures and associated companies

T201 Major subsidiaries as of 31 Dec 2025
Equity stake Voting share Different
reporting period
Name, registered office in % in %
Passenger Airlines business segment
Air Dolomiti S.p.A. Linee Aeree Regionali Europee, Dossobuono di Villafranca, Italy 100.00 100.00
AirTrust AG, Kloten, Switzerland 100.00 100.00
AUA Beteiligungen Gesellschaft m.b.H., Vienna Airport, Austria 100.00 100.00
Auslese Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
Austrian Airlines AG, Vienna Airport, Austria 100.00 100.00
Bayern Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
Bremen Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
Brussels Airlines SA/NV, Brussels, Belgium 100.00 100.00
Celine Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
CRANE LTD., Tokyo, Japan 0.00 0.001)
Dia Adler Ltd., Tokyo, Japan 0.00 0.001)
Dia Bach Ltd., Tokyo, Japan 0.00 0.001)
Dia Falke Ltd., Tokyo, Japan 0.00 0.001)
Dia Flamingo Ltd., Tokyo, Japan 0.00 0.001)
Dia Hausen Ltd., Tokyo, Japan 0.00 0.001)
Dia Ibis Ltd., Tokyo, Japan 0.00 0.001)
Dia Orff Ltd., Tokyo, Japan 0.00 0.001)
Dia Wagner Ltd., Tokyo, Japan 0.00 0.001)
Dunkel Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
Edelweiss Air AG, Zurich, Switzerland 100.00 100.00
Eifel Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
Eurowings Aviation GmbH, Cologne 100.00 100.00
Eurowings Digital GmbH, Cologne 100.00 100.00
Eurowings Europe GmbH, Vienna Airport, Austria 100.00 100.00
Eurowings Europe Limited, St Julians, Malta 100.00 100.00
Eurowings GmbH, Dusseldorf 100.00 100.00
Eurowings Holidays GmbH, Cologne 100.00 100.00
Eurowings Technik GmbH, Cologne 100.00 100.00
Evans Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
Evelyn Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
EW Discover GmbH, Frankfurt/Main 100.00 100.00
FK Yocasta Leasing Ltd., Tokyo, Japan 0.00 0.001)
Germanwings GmbH, Cologne 100.00 100.00
Group Engine Management GmbH, Frankfurt/Main 100.00 100.00
Heidelberg Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
Helles Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
JPA No. 237 Co., Ltd., Tokyo, Japan 0.00 0.001)
JPA No. 238 Co., Ltd., Tokyo, Japan 0.00 0.001)
Leander Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
Lilium Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
LS-Aviation No.26 Co., Ltd., Tokyo, Japan 0.00 0.001)
LS-Aviation No.35 Co., Ltd., Tokyo, Japan 0.00 0.001)
LS-Aviation No.36 Co., Ltd., Tokyo, Japan 0.00 0.001)
LS-Aviation No.37 Co., Ltd., Tokyo, Japan 0.00 0.001)
LS-Aviation No.38 Co., Ltd., Tokyo, Japan 0.00 0.001)
Lufthansa Aviation GmbH, Munich Airport 100.00 100.00
Lufthansa City Airlines GmbH, Munich 100.00 100.00
Lufthansa CityLine GmbH, Munich Airport 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 10, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 12, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 14, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 15, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 16, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 19, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 20, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 21, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 22, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 24, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 25, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 26, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 27, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 28, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 29, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 30, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 31, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 32, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 33, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 34, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 35, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 37, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 38, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 39, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 40, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 41, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 42, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 43, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 44, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 45, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 46, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 47, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 48, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 49, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 51, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 52, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 53, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 54, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 55, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 57, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 58, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 59, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 60, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 61, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 62, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 63, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 64, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 65, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 66, Salzburg, Austria 100.00 100.00
Lufthansa Leasing Austria GmbH & Co. OG Nr. 67, Salzburg, Austria 100.00 100.00
Lufthansa Malta Aircraft-Leasing Ltd., St. Julians, Malta 100.00 100.00
Lufthansa Process Management GmbH, Neu-Isenburg 100.00 100.00
Miles & More GmbH, Frankfurt/Main 100.00 100.00
Miyah Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
NBB Bluejay Co., Ltd., Tokyo, Japan 0.00 0.001)
NBB Dresden Lease Co., Ltd., Tokyo, Japan 0.00 0.001)
NBB Goshawk Co. Ltd., Tokyo, Japan 0.00 0.001)
NBB Harz Lease Co. Ltd., Tokyo, Japan 0.00 0.001)
NBB Rothenburg Lease Co., Ltd., Tokyo, Japan 0.00 0.001)
NBB Saxon Lease Co. Ltd., Tokyo, Japan 0.00 0.001)
NBB-10859 Lease Partnership, Tokyo, Japan 0.00 0.001)
NBB-8761 Lease Partnership, Tokyo, Japan 0.00 0.001)
NBB-8783 Lease Partnership, Tokyo, Japan 0.00 0.001)
NBB-8958 Lease Partnership, Tokyo, Japan 0.00 0.001)
NBB-9046 Lease Partnership, Tokyo, Japan 0.00 0.001)
NT●LH Aircraft Leasing Kumiai, Tokyo, Japan 0.00 0.001)
NTL12 Ltd., Tokyo, Japan 0.00 0.001)
NTL13 Ltd., Tokyo, Japan 0.00 0.001)
NTL14 Ltd., Tokyo, Japan 0.00 0.001)
NTL15 Ltd., Tokyo, Japan 0.00 0.001)
NTL16 Ltd., Tokyo, Japan 0.00 0.001)
NTL23 Ltd., Tokyo, Japan 0.00 0.001)
ÖLB Österreichische Luftverkehrs-Beteiligungs-GmbH, Vienna Airport, Austria 100.00 100.00
ÖLH Österreichische Luftverkehrs-Holding GmbH, Vienna, Austria 100.00 100.002)
ÖLP Österreichische Luftverkehrs-Privatstiftung, Vienna, Austria 0.00 0.003)
Orchid Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
Oriental Leasing 24 Company Limited, Dublin, Ireland 0.00 0.001)
Oriental Leasing 37 Company Limited, Dublin, Ireland 0.00 0.001)
ORIX Aquila Corporation, Tokyo, Japan 0.00 0.001)
ORIX Lysithea Corporation, Tokyo, Japan 0.00 0.001)
ORIX Telesto Corporation, Tokyo, Japan 0.00 0.001)
Schloss Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
SMFL Y Lease Nin-i-Kumiai Two, Tokyo, Japan 0.00 0.001)
SN Airholding SA/NV, Brussels, Belgium 100.00 100.00
Swiss International Air Lines AG, Kloten, Switzerland 100.00 100.00
Sylvaner Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
Tancho Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
TI DC Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
TI DD Leasing Co. Ltd., Tokyo, Japan 0.00 0.001)
TimBenNico Finance 2011 S.N.C., Puteaux, France 0.00 0.001)
TLC Lavender Ltd., Tokyo, Japan 0.00 0.001)
TLC Sweetpea Ltd., Tokyo, Japan 0.00 0.001)
Tusker Leasing Co., Ltd., Tokyo, Japan 0.00 0.001)
Yamasa Aircraft LH12 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH13 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH14 Kumiai, Okoyama, Japan 0.00 0.001)
Yamasa Aircraft LH15 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH16 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH17 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH18 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH19 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH20 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH21 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH22 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH23 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Aircraft LH24 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Next Aircraft NLH1 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Sangyo Aircraft DLH1 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Sangyo Aircraft DLH2 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Sangyo Aircraft DLH3 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Sangyo Aircraft DLH4 Kumiai, Okayama, Japan 0.00 0.001)
Yamasa Sangyo Aircraft DLH5 Kumiai, Okayama, Japan 0.00 0.001)
Logistics business segment
Flip No. 250 Co. Ltd., Tokyo, Japan 0.00 0.001)
Flip No. 251 Co., Ltd., Tokyo, Japan 0.00 0.001)
Flip No. 252 Co., Ltd., Tokyo, Japan 0.00 0.001)
FLIP No. 267 Co., Ltd., Tokyo, Japan 0.00 0.001)
FLIP No. 268 Co., Ltd., Tokyo, Japan 0.00 0.001)
FLIP No. 269 Co., Ltd., Tokyo, Japan 0.00 0.001)
Flip No. 275 Co., Ltd., Tokyo, Japan 0.00 0.001)
Flip No. 276 Co., Ltd., Tokyo, Japan 0.00 0.001)
Flip No. 277 Co., Ltd., Tokyo, Japan 0.00 0.001)
Jettainer Americas, Inc., East Meadow, USA 100.00 100.00
Jettainer GmbH, Raunheim 100.00 100.00
Lufthansa Cargo Aktiengesellschaft, Frankfurt/Main 100.00 100.00
time:matters GmbH, Neu-Isenburg 100.00 100.00
MRO business segment
Hamburger Gesellschaft für Flughafenanlagen mbH, Hamburg 100.00 100.00
Hawker Pacific Aerospace, Sun Valley, USA 100.00 100.00
Lufthansa Technik AERO Alzey GmbH, Alzey 100.00 100.00
Lufthansa Technik Airmotive Ireland Holdings Ltd., Dublin, Ireland 100.00 100.00
Lufthansa Technik Airmotive Ireland Leasing Limited, Dublin, Ireland 100.00 100.00
Lufthansa Technik Aktiengesellschaft, Hamburg 100.00 100.00
Lufthansa Technik Budapest Repülögép Nagyjavító Kft., Budapest, Hungary 100.00 100.00
Lufthansa Technik Component Services LLC, Tulsa, USA 100.00 100.00
Lufthansa Technik Engine Services, Inc., Tulsa, USA 100.00 100.00
Lufthansa Technik Immobilien- und Verwaltungsgesellschaft mbH, Hamburg 100.00 100.00
Lufthansa Technik Landing Gear Services UK Limited, Kestrel Way, Hayes, UK 100.00 100.00
Lufthansa Technik Logistik GmbH, Hamburg 100.00 100.00
Lufthansa Technik Logistik Services GmbH, Hamburg 100.00 100.00
Lufthansa Technik Malta Limited, Luqa, Malta 92.00 92.00
Lufthansa Technik North America Holding Corp., Tulsa, USA 100.00 100.00
Lufthansa Technik Objekt- und Verwaltungsgesellschaft mbH, Hamburg 100.00 100.00
Lufthansa Technik Philippines, Inc., Manila, Philippines 51.00 51.00
Lufthansa Technik Portugal, S.A., Oporto, Portugal 100.00 100.00
Lufthansa Technik Puerto Rico LLC, San Juan, Puerto Rico 100.00 100.00
Lufthansa Technik Shenzhen Co. Ltd., Shenzhen, China 80.00 80.00
Lufthansa Technik Sofia OOD, Sofia, Bulgaria 75.10 75.00
Lufthansa Technik Turbine Shannon Limited, Shannon, Ireland 100.00 100.00
Swiss Aviation Software AG, Allschwil, Switzerland 100.00 100.00
Additional Businesses and Group Functions
First EFA Student Pilot Funding GmbH, Vallendar 0.00 0.001)
JASEN Grundstücksgesellschaft mbH & Co. oHG, Grünwald 100.00 50.001)
LCH Grundstücksgesellschaft Berlin mbH, Frankfurt/Main 100.00 100.00
LHAMI LEASING LIMITED, Dublin, Ireland 100.00 100.00
LHAMIH LIMITED, Dublin, Ireland 100.00 100.00
Lufthansa Asset Management GmbH, Frankfurt/Main 100.00 100.00
Lufthansa Asset Management Leasing GmbH, Frankfurt/Main 100.00 100.00
Lufthansa Aviation Training Germany GmbH, Frankfurt/Main 100.00 100.00
Lufthansa Aviation Training GmbH, Munich Airport 100.00 100.00
Lufthansa Aviation Training Switzerland AG, Opfikon, Switzerland 100.00 100.00
Lufthansa Commercial Holding Gesellschaft mit beschränkter Haftung, Frankfurt/Main 100.00 100.00
Lufthansa Group .IO SE, Frankfurt am Main 100.00 100.00
Lufthansa Group Business Services GmbH, Frankfurt/Main 100.00 100.00
Lufthansa Group Digital Hangar GmbH, Raunheim 100.00 100.00
Lufthansa Group Immobilien GmbH, Frankfurt/Main 100.00 100.00
Lufthansa Industry Solutions AS GmbH, Norderstedt 100.00 100.00
Lufthansa Industry Solutions BS GmbH, Raunheim 100.00 100.00
Lufthansa Industry Solutions GmbH & Co. KG., Norderstedt 100.00 100.00
Lufthansa Industry Solutions Verwaltungs GmbH, Norderstedt 100.00 100.00
Lufthansa Leasing Austria 1. Beteiligungs GmbH, Salzburg, Austria 100.00 100.00
Lufthansa Malta Corporate Finance Limited, St. Julians, Malta 100.00 100.00
Lufthansa Malta Finance Holding Limited, St. Julians, Malta 100.00 100.00
Lufthansa Malta Treasury Services Limited, St. Julians, Malta 100.00 100.00
Lufthansa Seeheim GmbH, Seeheim-Jugenheim 100.00 100.00
Lufthansa Systems Americas, Inc., Miami, USA 100.00 100.00
Lufthansa Systems GmbH, Raunheim 100.00 100.00
MARDU Grundstücks-Verwaltungsgesellschaft mbH & Co. oHG, Grünwald 100.00 50.001)
MUSA Grundstücks-Verwaltungsgesellschaft mbH & Co. oHG, Grünwald 100.00 50.001)
QUINTO Grundstücksgesellschaft mbH & Co. oHG, Grünwald 99.73 50.001)
Strategic Liquidity, Dusseldorf 100.00 100.00
Truffle 2 GmbH, Frankfurt/Main 100.00 100.00
Truffle 5 GmbH, Frankfurt/Main 100.00 100.00
Truffle 6 GmbH, Frankfurt/Main 100.00 100.00
Truffle 7 Limited, Hounslow, UK 100.00 100.00
Truffle Holding AG, Frankfurt/Main 100.00 100.00
1) Fully consolidated structured entity in accordance with IFRS 10.
2 50.20% of the equity stakes and voting rights are attributed via ÖLP.
3) Management responsibility for the company lies with the Group.
T202 Major joint ventures as of 31 Dec 2025¹⁾
Equity stake Voting share Different
reporting period
Name, registered office in % in %
Passenger Airlines business segment
Güneş Ekspres Havacılık A.Ş., Antalya, Türkiye 50.00 50.00
ITALIA TRASPORTO AEREO S.P.A., Rome, Italy2) 41.00 41.00
Terminal 2 Gesellschaft mbH & Co oHG, Munich Airport2) 40.00 40.00
Logistics business segment
Shanghai Pudong International Airport Cargo Terminal Co. Ltd., Shanghai, China2) 29.00 22.22
MRO business segment
EME Aero Sp. z.o.o., Jasionka, Poland 50.00 50.00
N3 Engine Overhaul Services GmbH & Co. KG, Arnstadt 50.00 50.00
Spairliners GmbH, Hamburg 50.00 50.00
XEOS Sp. z.o.o., Środa Śląska, Poland3) 25.00 25.00
T203 Joint operations as of 31 Dec 20254)
Equity stake Voting share Different
reporting period
Name, registered office in % in %
Aerologic GmbH, Schkeuditz 50.00 50.00
T204 Major associated companies as of 31 Dec 2025¹⁾
Equity stake Voting share Different
reporting period
Name, registered office in % in %
MRO business segment
HEICO Aerospace Holdings Corp., Florida, USA 20.00 20.00 October
Additional Businesses
Aircraft Maintenance and Engineering Corporation, Beijing, China 25.00 28.57
1) Accounted for using the equity method.
2) Reported as a joint venture due to joint management.
3) Since this company continues to be jointly managed under the shareholder agreement, despite the reduction in the equity stake to 25% in the reporting year, it continues to be reported as a joint venture.
4) Included on a pro rata basis in accordance with IFRS 11.