2002 was a very hard year for airlines, and this trend will continue for a long time. It is true that since September 2002 we have seen double digit passenger growth rates again, but these figures are deceiving as they only compare current rates with figures taken after September 11th. Neither do we expect a substantial growth in the market in 2003. Attacks in Iraq add to the skepticism. This also entails the food industry for airline industry, which is also known as the airline catering. Sky Chefs was initially firmly incorporated in 1942 as a wholly owned subsidiary of American Airlines. The Company's principal functions were, and carry through to be, the provision of in-flight food and beverage catering services to the airlines. In 1986, the Parent Corporation of American Airlines AMR Corporation sold Sky Chefs to Onex Capitol Corporation (Onex). In 1993, LSG, a wholly owned subsidiary of Lufthansa German Airlines, acquired twenty-three percent of Sky Chefs, and brought into a worldwide marketing alliance pinning down Sky Chefs as "LSG Sky Chefs."
