High ticket prices: Lufthansa expects increased profits

Print Friendly, PDF & Email

Due to high demand and significantly higher average yields in the passenger business, Lufthansa expects to achieve a higher profit than originally assumed. The subsidiaries Lufthansa Cargo and Lufthansa Technik are expected to achieve record results.

Earnings in October and November exceeded expectations. The booking situation for the coming months points to a continuation of the positive development in the passenger business. The group therefore assumes that it will be able to achieve an adjusted EBIT of around 2022 billion euros (previously: more than one billion euros) in the 1,5 financial year, the group of companies announced ad hoc.

Airbus A350 (Photo: Lufthansa Group).
Airbus A350 (Photo: Lufthansa Group).