Lufthansa to sell rest of catering unit LSG in 2020

Lufthansa will initiate the sale of the parts of its catering unit LSG it is not selling to Switzerland’s Gategroup early next year, the German carrier said on Monday. Lufthansa announced last month it is selling the European operations of LSG to Gategroup. The businesses it is selling generated revenues of around 1.1 billion euros ($1.21 billion)last year – about a third of LSG’s total.