FlyerTalk Forums - View Single Post - LH may look to sell LSG Sky Chefs
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Old Jun 28, 2012, 6:35 am
  #6  
LufthansaFlyer
 
Join Date: Mar 2010
Location: GRR, USA
Posts: 3,298
Originally Posted by TRAVELSIG
My understanding is that LSG is profitable.

Which information would make this a target of any restructuring program?
its profitable but the margins are razor thin. The amount of revenue that LSG generates for what relatively "light" operating profit they recognize probably is a concern for them. I can see why LH may have at least been entertaining the idea. But after all profit is profit. regardless, would hate to see them get rid of LSG because it falls into private equity, its going to cost a lot of people their jobs as a part of any repackaging of the unit.
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