On May the 10th, our class received the CEO of LSG Sky Chefs, Mr.
Gareth Lycett (United-Kingdom).
LSG Sky Chefs is a German company which provides different
on-board services for airlines such as catering, in-flight equipments (screen
and “smart” monitors) and also some airport services. Also, this company is a
joint venture signed in 1993 between LSG founded by Lufthansa in 1966 and Sky
Chefs founded by American Airlines in 1942. In 2016, LSG Groups Brand/Lufthansa
acquired the totality of LSG Sky Chefs. Since the two companies merged to
create a bigger company, they decided to expand their activity in the whole
world. For example, they entered the Russian market in 1996 and arrived in
China, India and South Korea in 2001. Nowadays, they have 29% of the on-board
services market and hire around 35 000 employees in 55 countries. The company
serve more than 300 customers such as major airlines in the world like Korean
Air, Air France, Asiana Airlines or Emirates and, also, some other companies,
such as 7/Eleven or Starbucks.
LSG holds three companies in Korea: Spiriant Korea, Ekarm Food
Service and Sky Chefs. This last one is more than 95% of the annual income of
the company and they provide food and beverages (full catering), duty free
services, entertainments, newspapers for airlines. They are based in Incheon
International Airport since 2003 and the company increased his annual income of
600% between 2003 and 2016 to reach 200 billions Won per year. Also, they
signed another joint venture with Asiana which made around 65% of their
business in Incheon Airport. They hire around 1000 employees which are
preparing catering for 180 flights per day which means 39 000 meals per day.
We would like to thanks Mr. Lycett to come in our class to present
his company and to give us precious advices for our future career.