Lufthansa Technik

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Wednesday, 20 August 2025
12 Aug 2025
4:46PM

Lucio Tan–Lufthansa aircraft maintenance talks heat up as lease deadline nears

With just weeks before its 25-year lease expires, Lucio Tan–backed Lufthansa Technik Philippines is racing to secure better terms at NAIA, a high-stakes negotiation that could reshape MacroAsia’s earnings outlook.
4 Apr 2025
5:23PM

NAIA’s 25-year lease reset puts pressure on Lucio Tan-Lufthansa venture with 3,000 workers

Lufthansa Technik Philippines (LTP), one of the largest tenants in Manila’s Ninoy Aquino International Airport (NAIA), is negotiating for more favorable lease terms to ensure “operational viability and competitiveness” ahead of the expiration of its 25-year contract.
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