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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Editor of this article:

Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

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Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

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