It’s not completely there yet, but Lufthansa Group is getting pretty close already to 2019 operating and profit levels. The airline group reported Q3 revenues and an operating result today that was almost identical to Q3 2019, confirming the recovery trend since Q2....
UPDATE – Lufthansa Group happily reported a return to profitability in the second quarter with a €259 million net profit. The first six months were still loss-making, in line with results at other carriers. But whereas the recovery is continuing, Lufthansa has...
The sanctions on Russia not only affect Russian airlines, but also MRO companies in Europe and across the world. For example, Lufthansa Technik risks losing €240 to 250 million in annual revenues if the Russian market disappears, it said on March 9 during its 2021...
The war in Ukraine is the new uncertainty, but if the effects on the industry remain limited, Lufthansa Group is expecting a strong 2022. The airline group sees very strong bookings for the second quarter and summer. By hedging a large part of its fuel costs, it...
Lufthansa has turned the corner on losses and produced its first operating profit since the start of the pandemic in Q3. The airline group reported a €272 million Adjusted EBIT excluding restructuring costs, a huge improvement over the €1.204 billion loss for the same...
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