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Lufthansa’s Q3 results almost on par with those of 2019

Lufthansa’s Q3 results almost on par with those of 2019

by Richard Schuurman | Oct 27, 2022 | Airlines | 0 comments

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....
Profitable Lufthansa has some labor issues to solve

Profitable Lufthansa has some labor issues to solve

by Richard Schuurman | Aug 4, 2022 | Airlines | 0 comments

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...
Lufthansa worried about ‘jet crack’-effect on fuel prices

Lufthansa worried about ‘jet crack’-effect on fuel prices

by Richard Schuurman | May 5, 2022 | Airlines | 0 comments

The unpredictability of crude oil prices and their effect on jet fuel prices makes Lufthansa Group very cautious about the financial results for the full-year 2022. Although the airline is seeing strong bookings, fuel costs are a negative factor. Lufthansa will...
Lufthansa plans to launch new regional subsidiary

Lufthansa plans to launch new regional subsidiary

by Richard Schuurman | Mar 3, 2022 | Airlines | 0 comments

Lufthansa plans to launch a new regional and domestic airline in Germany that should operate alongside its regional subsidiary CityLine. The airline will most likely get a dedicated Airline Operator Certificate (AOC) and should begin services in early 2023. Lufthansa...
Lufthansa Group counting on a very strong 2022

Lufthansa Group counting on a very strong 2022

by Richard Schuurman | Mar 3, 2022 | Airlines | 0 comments

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...
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