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Financial news

  • 25.06.2020 Financial news

    Shareholders pave the way for stabilization measures

    − 98 percent vote to approve at Extraordinary General Meeting − Carsten Spohr: “Decision ensures outlook for the future” − Flight schedules of Group airlines to be further expanded

  • 17.06.2020 Financial news

    Implementation of Lufthansa stabilization package not secured

    The Company's General Meeting on 25 June is to decide on the capital measures and the 20% stake of the Federal Republic of Germany's Economic Stabilization Fund in Deutsche Lufthansa AG. The implementation of the EUR 9 billion stabilization package agreed with the Economic Stabilization Fund depends…

  • 03.06.2020 Financial news

    Drastic decline in air travel significantly affects Lufthansa Group's quarterly result

    − Lufthansa Group concludes first quarter with adjusted EBIT of minus 1.2 billion euros − Fixed cost development in line with target of a reduction by one third given in March − Restructuring necessary to repay loans and deposits as quickly as possible − Capacity will increase from 3 percent of…

  • 01.06.2020 Financial news

    Lufthansa Supervisory Board approves stabilization measures

    – Recommendation to shareholders to approve at extraordinary General Meeting on 25 June 2020 – Aim for rapid return of the stabilizing funds – Collective bargaining summit with trade unions on necessary restructuring measures planned – Publication of interim report for the first quarter of 2020…

  • 12.05.2020 Financial news

    Lufthansa Group provides transparency about business activities in so-called "tax havens”

    Group publishes list of all companies based in non-cooperative tax jurisdictions according to EU list

  • 05.05.2020 Financial news

    Lufthansa Annual General Meeting approves all agenda items

    – Around 10,000 shareholders attend the first virtual annual general meeting online – Astrid Stange, Erich Clementi, Dr. Thomas Enders and Harald Krüger elected to the Supervisory Board, Stephan Sturm re-elected – Broad majority on all agenda items

  • 05.05.2020 Financial news

    Deutsche Lufthansa AG welcomes shareholders to virtual Annual General Meeting

    − Shareholders submitted 246 questions in advance − Five Supervisory Board members are up for election − Suspension of dividend proposed

  • 09.04.2020 Financial news

    Deutsche Lufthansa AG invites participants to virtual Annual General Meeting

    Shareholders can submit questions in advance and vote electronically

  • 08.04.2020 Financial news

    Supervisory Board decides on new allocation of responsibilities for Lufthansa Executive Board

    – Reduction of the Executive Board from seven to six members – Former finance department to be divided – Jörg Beißel, Wilken Bormann and William Willms will in future manage the finance functions within existing Executive Board departments

  • 07.04.2020 Financial news

    Lufthansa Group decides on first restructuring package

    – Significant decline in air travel also expected for period after the Coronavirus crisis – Suspension of aircraft leads to the first permanent capacity reduction – The inevitable downsizing of flight operations shall be implemented in a socially responsible manner, among other things, through…

  • 19.03.2020 Financial news

    Lufthansa Group achieves adjusted EBIT of 2 billion euros in a difficult economic environment

    − Outlook 2020: magnitude of the expected decline in adjusted EBIT currently not predictable − Corona crisis: Comprehensive savings measures throughout the Group in-cluding: far-reaching capacity reductions, ”short-time working” mechanism in home markets and suspension of dividend − Flight…

  • 16.03.2020 Financial news

    Austrian Airlines will temporarily suspend flight operations

    − Last flight will land on 19 March in Vienna / all further flights are tempo-rarily suspended until 28 March − Lufthansa Group: entire short and long-haul schedule significantly re-duced again − As of 17 March: ten percent of the originally planned capacity will still be available on long-haul…

  • 13.01.2020 Financial news

    Lufthansa Group Airlines welcome more than 145 million passengers on board in 2019

    − Number of passengers increased by 2.3 percent in 2019 – Network airlines continue moderate growth – Seat load factor increases year-on-year to 82.5 percent

  • 12.12.2019 Financial news

    Lufthansa Group Airlines welcome around 10.4 million passengers on board in November 2019

    - Number of passengers decreases by 2.3 percent year-on-year - Seat load factor increases by 2.1 percentage points to 80.2 percent - Number of passengers at Frankfurt hub decreases by 5.9 percent

  • 11.12.2019 Financial news

    Lufthansa fills important airline leadership positions

    - Jens Bischof will become CEO of Eurowings - Dieter Vranckx will take over from Christina Foerster as the new CEO of Brussels Airlines - Patrick Staudacher, Boston Consulting Group, will join Lufthansa Group and take over the reoriented position of Lufthansa Airline CFO

  • 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…

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  • 29.04.21 1st Interim Report 2021
  • 04.05.21 Annual General Meeting
  • 05.08.21 2nd Interim Report 2021
  • 28.10.21 3rd Interim Report 2021
  • Annual Report 2020
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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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