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Financial news

  • 25.05.2023 Financial news

    Lufthansa Group reaches agreement on the acquisition of 41 per cent stake in ITA Airways

    − Italian Ministry of Economy and Finance and Deutsche Lufthansa AG agree on a minority stake in ITA Airways − Deutsche Lufthansa AG will acquire 41 percent stake in ITA Airways through a capital increase of EUR 325m – with the option to acquire all remaining shares at a later date − Growth…

  • 09.05.2023 Financial news

    Lufthansa shareholders approve all agenda items at Annual General Meeting

    - Around 3,000 shareholders attended the Annual General Meeting online - Broad majority on all agenda items

  • 09.05.2023 Financial news

    Deutsche Lufthansa AG welcomes shareholders to virtual Annual General Meeting

    - Around 250 questions have been submitted by shareholders ahead of meeting - 41,804 shareholders have registered

  • 03.05.2023 Financial news

    Lufthansa Group reports strong bookings in the first quarter of 2023 and expects another travel boom in summer

    − Group revenue increased by 40 percent to 7.0 billion euros − Number of passengers increased significantly to 22 million − Average yield 19 percent above 2019 level − Adjusted EBIT at -273 million euros, 53 percent improvement on previous year − Outlook for full year confirmed, Q2 result…

  • 01.05.2023 Financial news

    Deutsche Lufthansa AG publishes speech of Carsten Spohr for the 2023 Annual General Meeting

    Annual General Meeting on May 9th at 12:00 pm

  • 05.04.2023 Financial news

    The LSG Group will be sold to AURELIUS Group

    Deutsche Lufthansa AG (Lufthansa) signed an agreement with private equity group AURELIUS for the sale of the remaining LSG Group business. The European LSG Sky Chefs activities were already sold in 2019 to gategroup. “We are pleased to have found the right investor for the LSG Group going forward…

  • 31.03.2023 Financial news

    Ashwin Bhat to be new CEO of Lufthansa Cargo

    Ashwin Bhat is set to be appointed as new CEO of Lufthansa Cargo. Subject to the pending resolution by the Supervisory Board of Lufthansa Cargo, he will take over his new position as of 15 April 2023. In his new role, he will continue to be responsible for product and sales. Dr. Michael Niggemann,…

  • 23.03.2023 Financial news

    Dorothea von Boxberg to be CEO of Brussels Airlines

    Dorothea von Boxberg is set to become the new CEO of Brussels Airlines. Subject to the pending resolution by the Board of Directors of SN Airholding, Dorothea von Boxberg, who is currently Chairperson of the Executive Board of Lufthansa Cargo AG, will take over in Belgium as of 15 April 2023.  In…

  • 03.03.2023 Financial news

    Lufthansa Group achieves financial turnaround in 2022 with Adjusted EBIT of 1.5 billion euros

    − Revenue almost doubled to 33 billion euros − Record results at Lufthansa Cargo and Lufthansa Technik − Highest Adjusted free cash flow in company history − Booking momentum remains strong at high average yields − Passenger numbers more than doubled: Over 100 million passengers on board again …

  • 02.03.2023 Financial news

    Nomination for election to the Supervisory Board

    At its meeting today, the Supervisory Board of Deutsche Lufthansa AG decided to recommend to the Annual General Meeting, which will take place on May 9, 2023, the election to the Supervisory Board of Dr. Karl-Ludwig Kley, Acting Chairman of the Supervisory Board, Carsten Knobel, Chairman of the…

  • 02.03.2023 Financial news

    Lufthansa Group orders 22 latest-generation long-haul aircraft – total list price of 7.5 billion US dollars

    - Orders placed for ten Airbus A350-1000s, five Airbus A350-900s and seven Boeing 787-9s - Fleet modernization further accelerated / substantial contribution to achieving 2030 carbon emission goals - Lufthansa Group and Airbus strengthen cooperation on sustainability and future technologies -…

  • 02.03.2023 Financial news

    Lufthansa Supervisory Board extends contracts of Carsten Spohr and Remco Steenbergen ahead of schedule

    Chairman of the Executive Board and Chief Financial Officer appointed for five more years

  • 31.01.2023 Financial news

    Management change at Brussels Airlines

    – Peter Gerber resigns as CEO – Christina Foerster will be ad-interim CEO

  • 18.01.2023 Financial news

    Lufthansa submits offer to acquire a stake in ITA

    Deutsche Lufthansa AG is aiming to acquire a stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo S.p.A.). The plan is to agree on the initial acquisition of a minority stake as well as on options to purchase the remaining shares at a later date. Today, the company submitted an…

  • 01.11.2022 Financial news

    Lufthansa and UFO agree on salary increases for around 19,000 cabin personnel

    - 250 euros more basic pay from 1 January 2023 and 2.5 percent more basic pay from1  July 2023 for around 19,000 Lufthansa cabin personnel - Over 17 percent more starting salary, and about 9 percent more in the highest salary grade - New collective terms-of-employment agreement offers new…

  • 27.10.2022 Financial news

    Lufthansa Group generates operating profit of 1.1 billion euros in the third quarter - Demand for air travel remains strong

    − Passenger Airlines earnings increase significantly − Logistics and MRO expect record results for 2022 − Adjusted free cash flow of 410 million euros in the third quarter − Travel demand continues unabated: Demand for flights remains strong in fourth quarter − Full-year outlook raised:…

  • 14.09.2022 Financial news

    Stabilization of Deutsche Lufthansa AG successfully completed

    – Economic Stabilization Fund sells remaining shares and ends stabilization with a surplus – Lufthansa fully back in private hands

  • 12.09.2022 Financial news

    Lufthansa and Vereinigung Cockpit conclude agreement

    – Increase in basic pay for Lufthansa and Lufthansa Cargo pilots by a total of 980 euros – Peace obligation until 30 June 2023 / Strikes excluded during this period – Collective bargaining partners continue constructive exchange on various topics – Michael Niggemann: "Finding and implementing…

  • 06.09.2022 Financial news

    Lufthansa confirms today's negotiation date

    - New negotiation date for this morning agreed at short notice - Due to strike call by Vereinigung Cockpit (VC_ for Wednesday and Thursday, Lufthansa crisis management team must make decision on flight cancellations today at 12:00 p.m. CET - VC will today present for the first time the collective…

  • 01.09.2022 Financial news

    Despite Very Good Offer: Pilots’ Union VC Announces Strike

    - Affected: Lufthansa and Lufthansa Cargo departures at German airports on 2 September 2022 - Lufthansa offer: 900 euros higher base salary per month for pilots at Lufthansa and Lufthansa Cargo pilots as well as new perspective agreement - VC demand would increase payroll costs by over 40 percent…

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Lufthansa Group

The Lufthansa Group is a global aviation group with a total of more than 580 subsidiaries and equity investments.

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