Deutsche Lufthansa AG is a global player in the aviation industry; it is involved in passenger airline, logistics, Maintenance Repair Overhaul (MRO), catering, and related businesses. It has 540 subsidiaries. It posted an EBIT (Earnings Before Interest and Taxes) of 1817 mn Euros in 2015 and expects to close at the same level in 2016 too. Passenger airline business is the biggest segment in the group and they are the world leader in most of the business segments they operate.
The history of Lufthansa can be traced back to 1926 when the company was established in Berlin as a national carrier. However, the services were suspended in 1945 following the defeat of Nazi Germany and the company was dissolved in 1951.