Lufthansa has reported net profits fell to €226 million in the second quarter, a year-on-year drop of 70 per cent, which was partly due to a €200-million tax provision.
In a crowded low-cost marketplace, Eurowings has failed to find a sustainable role. In an attempt to revive its fortunes, Lufthansa said today the low-cost carrier will be given be a clear focus on short-haul, point-to-point operations.
German flag-carrier has reported a loss of €336 million for the first three months of the year. The carrier, the largest in Europe, was hit by rising fuel costs and overcapacity in Europe.
European aviation giant Lufthansa Group has reported adjusted EBIT of €2.8 billion for 2018. The figure was slightly below the record €3 billion reported last year, but comes despite an increase
Lufthansa Group has agreed deals for the purchase of a total of 40 state-of-the-art aircraft for its airlines. The 20 Boeing 787-9 and 20 additional Airbus A350-900 planes will primarily be replacing four-engine aircraft.
In 2018, the airlines of the Lufthansa Group carried a total of 142 million passengers, setting a new record. With more than 1.2 million flights and a seat load factor of 81.4 per cent, the aircraft load factor was higher than ever before.
Lufthansa’s flagship aircraft, the Airbus A380, has landed in the US for the first time in the new livery. The landing of the newly painted aircraft marks the festive conclusion of the anniversary year of the crane’s 100th birthday (Lufthansa’s company logo and brand symbol).
Walking away with the title of World’s Leading Inflight Entertainment Provider at the World Travel Awards Grand Final 2018, Jan Gaense, head of passenger experience products and solutions at Lufthansa Systems, tells Breaking Travel News what the prestigious honour means to him.
Lufthansa Group achieved an adjusted EBIT of €2.4 billion for the first nine months of 2018 – a 7.7 per cent decline on the prior-year period. The drop was primarily attributable to the integration costs at Eurowings.