LTU Lufttransport Company Description
This airline's passengers are likely to have smiles on their faces. LTU Lufttransport flies nearly 6 million people a year to some 70 destinations -- mainly vacation spots -- around the globe. Flights depart from about a dozen airports in Germany, Austria, and Switzerland. The airline operates a fleet of more than 25 jets, consisting primarily of Airbus A320s. It focuses on scheduled passenger service, but it also operates charter flights and provides transportation of cargo. The carrier is owned by two German companies: Intro Verwaltungs holds a 55% stake, and MIC owns 45%. LTU Lufttransport was founded in 1955.
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The Company Description provides a historical perspective of LTU Lufttransport's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of LTU Lufttransport's evolution in the marketplace.
