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Lufthansa unit raises R&D spend to shore up market share, margins

Saturday, July 9, 2016 - 05:50

Frankfurt

DEUTSCHE Lufthansa AG's plane-servicing business, the German airline's most profitable unit, is more than quadru-pling research and development (R&D) spending to shore up its dwindling market share and fading margins.

The Lufthansa Technik maintenance, repair and