Lufthansa reports quarterly profit

Airbus A320neo (Photo: Robert Spohr).
Airbus A320neo (Photo: Robert Spohr).

Lufthansa reports quarterly profit

Airbus A320neo (Photo: Robert Spohr).
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Lufthansa was able to return to profitability in the second quarter of 2022. The group expects to achieve earnings before taxes and interest of around half a million euros in 2022 as a whole.

Germany's largest airline is benefiting greatly from the surge in demand. Due to a lack of staff in your own group, but also at various airports in the route network, these cannot be fully served. The company was last in the air with a capacity of 85 percent of the pre-crisis level. The 2022 summer flight schedule had to be cut, sometimes drastically, in several steps.

Sales in the second quarter of 2022 were 8,5 billion euros, around 2,5 times as high as in the same period of the previous year. The adjusted operating profit is reported at 393 million euros. In the same period last year, the Lufthansa Group made a loss of 827 million euros. The bottom line is now a profit of 259 million euros. In the previous year there was a minus of 756 million euros.

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