- 09.12.2019
Financial news
Lufthansa Group and gategroup conclude purchase agreement
- gategroup acquires the European business of LSG and enters long-term catering partnership with the Lufthansa Group
- Purchase agreement extends to LSG’s European catering operations, lounge business, Evertaste, SPIRIANT and Ringeltaube
- Partners to establish joint venture companies in Frankfurt...
- 03.12.2019
Financial news
Supervisory Board gives go-ahead for sale of LSG Group's European business
At its meeting today, the Supervisory Board of Deutsche Lufthansa AG approved the planned sale of the LSG Group's European business to gategroup. The contract will be finalized and signed in the coming days. Lufthansa Group and gategroup will then advise on the contents of the contract.
A possible...
- 03.12.2019
Financial news
Lufthansa realigns Executive Board
- Christina Foerster and Michael Niggemann join Executive Board
- Addition of new board-level position “Customer & Corporate Responsibility”
- Thorsten Dirks to assume new responsibility as Chief Officer “IT, Digital & Innovation”
- Bettina Volkens will leave the company at the end of the year by...
- 13.11.2019
Financial news
Lufthansa Group Airlines welcome more than 13.3 million passengers on board in October 2019
- Number of passengers rises by 1.1 percent year-on-year
- Capacity utilization increases by 1.0 percentage points to 82.8 percent
- Strongest passenger growth in Zurich and Vienna
- 07.11.2019
Financial news
Lufthansa Group achieves an Adjusted EBIT of EUR 1.3 billion in the third quarter
– Third-quarter result only slightly below prior-year level, despite economic slowdown and higher fuel costs
– Substantially greater unit cost reduction than in the first-half year
– Slower growth at Group airlines and their competitors helps counter pricing pressures in Europe
– North Atlantic...
- 11.10.2019
Financial news
Lufthansa Group Airlines welcome around 14 million passengers on board in September 2019
− Number of passengers rises by 2.3 percent year-on-year
− Strongest passenger growth again at Zurich hub with 6.8 percent
− Seat load factor increases by 0.1 percentage points to 84.7 percent
− The airlines of the Lufthansa Group carried a total of 111.6 million passengers in the first nine...
- 12.09.2019
Financial news
Lufthansa Group airlines raise number of passengers to more than 14.1 million in August 2019
– Number of passengers rises by 2.9 percent year-on-year
– Capacity utilisation up by 0.8 percentage points to 87.2 percent
– Strongest passenger growth at Zurich hub
- 13.08.2019
Financial news
Lufthansa Group Airlines welcome around 14.6 million passengers on board in July 2019
– Number of passengers rises by 3.3 percent year-on-year
– Capacity utilization increases by 0.6 percentage points to 86.9 percent
– Strongest passenger growth increase in Zurich, slight decline in passenger numbers in Frankfurt
– Capacity utilization and passenger figures remain on record course
- 30.07.2019
Financial news
Lufthansa Group achieves an Adjusted EBIT of EUR 754 million in the second quarter
– Long-haul business sees further growth
– Lufthansa Technik increases results
– Network Airlines and Eurowings substantially improve first-half year punctuality
– Price wars on short haul routes especially in Germany and Austria as well as rising fuel and MRO costs burden results
– 2019...
- 11.07.2019
Financial news
Lufthansa Group Airlines welcome around 13.8 million passengers on board in June 2019
– Number of passengers rises by 4.5 percent year-on-year
– Capacity utilization increases slightly by 1.6 percentage points to 85.2 percent
– Strongest growth of 7.8 percent at the hub in Zurich
- 24.06.2019
Financial news
Lufthansa Group informs investors and analysts at its Capital Markets Day
– Eurowings to focus on short-haul services in future
– Commercial responsibility for Eurowings long-haul services to be transferred to the Network Organization in future
– Re-orientation of Brussels Airlines: closer alignment with Network Airlines; integration into Eurowings will not be further...
- 16.06.2019
Financial news
Lufthansa Group adjusts its full year outlook
– Long-haul business continues to be strong, in particular on Transatlantic and Asian routes
– Strength in long-haul only partly offsets yield pressure in European short-haul business
– Group committed to defend its leading position in home markets
- 13.06.2019
Financial news
Lufthansa Group Airlines welcome more than 13 million passengers on board in May 2019
− Number of passengers rises by 2.8 percent year-on-year
− Capacity utilization increases by 1.7 percentage points to 81.1 percent
− Strongest passenger growth and offer increase in Munich
- 13.05.2019
Financial news
Lufthansa Group airlines raise number of passengers to 12.5 million in April 2019
− Number of passengers rises by 3.0 percent year-on-year
− Capacity utilisation up by 2.0 percentage points to 83.3 per cent
− Strongest passenger growth at Vienna hub
- 07.05.2019
Financial news
Lufthansa Annual General Meeting approves all agenda items
– AGM in Bonn attended by around 1,000 shareholders
– Monika Ribar re-elected to the Supervisory Board
– Dividend proposed of EUR 0.80 per share
- 07.05.2019
Financial news
Lufthansa Group focuses on high-quality, responsible growth
– Company looks back on economically successful year at Annual General Meeting
– Shareholders to again participate in success with 80 cent dividend
- 30.04.2019
Financial news
Lufthansa Group expects to increase unit revenues in the second quarter after a weak first quarter
– Substantial market-wide capacity expansion in Europe lowers unit revenues and reduces first-quarter Adjusted EBIT to EUR -336 million
– Higher fuel costs burden quarterly earnings by around EUR 200 million
– Unit costs reduced in line with full-year forecast
– Lufthansa Cargo reports lower...
- 15.04.2019
Financial news
Lufthansa Group’s Adjusted EBIT declines to EUR -336 million in the first quarter
– Substantial industry-wide capacity growth in Europe leads to lower unit revenues on short- and medium-haul routes in comparison to the high levels seen in the prior-year period
– Higher fuel cost of some EUR 200 million negatively impacts results
– Group confident to increase unit revenues in...
- 11.04.2019
Financial news
Lufthansa Group Airlines welcome more than 11 million passengers on board in March 2019
– Number of passengers rises by 1.7% year-on-year
– Seat load factor at 80.5% slightly below the record level of the previous year
- 14.03.2019
Financial news
Lufthansa Group Adjusted EBIT for 2018 only slightly below prior year despite higher fuel and one-off costs
Results for 2018:
• Adjusted EBIT of EUR 2.8 billion
• Higher fuel costs, one-off costs from the integration of parts of the former Air Berlin fleet and increased expenses from delays and cancellations largely offset
• Network Airlines report improved Adjusted EBIT
• Adjusted unit costs reduced...
