Financing of Lufthansa Group
The choice of the respective financial instruments is according to Lufthansa‘s financial strategy. The financing mix, which mainly comprises aircraft financing, bonds and borrower’s note loans, aims at reducing the costs of financing, maintaining a balanced maturity profile and diversifying the portfolio of creditors.
Its creditor relations activities enable the Lufthansa Group to stay in permanent contact with lenders worldwide, and thereby strengthen its investor base. Borrowing mainly takes place in euros, the reporting currency.
Lines of credit
Furthermore, Lufthansa Group has a revolving credit line with a large number of banks which came to EUR 2,000m and bilateral credit lines in the amount of EUR 60m (as per 31 December 2022).