Passenger Airlines

The Passenger Airlines segment comprises the network airlines Lufthansa Airlines, SWISS, Austrian Airlines and Brussels Airlines – which offer their customers a premium experience, with high-quality products and services – as well as Eurowings, which is positioned as a value carrier focusing exclusively on point-to-point traffic on European short- and medium-haul routes.

Passenger Airlines

Passenger Airlines
  2023Change in %
Revenue€m

28,337

25

of which traffic revenue€m

26,701

29

Adjusted EBIT€m

2,033

 

Adjusted EBIT margin%

7.2

8.5 pts

Adjusted ROCE%

19.4

22.2 pts

Segment capital expenditure€m

3,095

52

Employees as of 31.12.number

60,924

7

Logistics

In addition to Lufthansa Cargo AG, the Logistics segment includes the airfreight container management specialist Jettainer group, the time:matters Group, which specialises in particularly urgent shipments, the subsidiary Heyworld, which specialises in tailored solutions for the e-commerce sector, CB Customs Broker, the customs and customs clearance specialist, and the Lufthansa Group’s 50% stake in the cargo airline AeroLogic.

Logistics

Logistics
  2023Change in %
Revenue€m

2,977

-36

of which traffic revenue€m

2,775

-37

Adjusted EBIT€m

219

-86

Adjusted EBIT margin%

7.4

-27.2 pts

Adjusted ROCE%

7.3

-46.9 pts

Segment capital expenditure€m

191

-25

Employees as of 31.12.number

4,152

2

MRO

Lufthansa Technik is the world’s leading manufacturer-independent provider of maintenance, repair and overhaul services (MRO) for civilian commercial aircraft. Lufthansa Technik AG serves more than 800 customers worldwide, including OEMs, aircraft leasing companies, operators of VIP jets, governments and armed forces, as well as airlines.

MRO

MRO
  2023Change in %
Revenue€m

6,547

18

of which external revenue€m

4,389

10

Adjusted EBIT€m

628

13

Adjusted EBIT margin%

9.6

-0.4 pts

Adjusted ROCE%

12.0

0.6 pts

Segment capital expenditure€m

137

38

Employees as of 31.12.number

22,870

12