Lufthansa Enjoys Best Operational Start to a Year in 10 Years

FRANKFURT AM MAIN, GERMANY - MARCH 15: CEO Carsten Spohr gestures during the annual results press conference of Lufthansa AG at Lufthansa Aviation Center on March 15, 2018 in Frankfurt am Main, Germany. (Photo by TF-Images/Getty Images)

Lufthansa enjoyed a strong start to the year with group-wide revenues rising 10% – year-on-year – in the first quarter to €8.1bn, and the German aviation giant having its best operational start to a year in 10 years.

Carsten Spohr, Chairman of the Executive Board and CEO of Deutsche Lufthansa AG: “Global demand for air travel continues to grow. Despite all the geopolitical uncertainties, we therefore remain on course for growth, are optimistic about the summer, and are sticking to our positive outlook for 2025. In the first quarter, our airlines were able to sell their expanded capacity at higher yields in the market. Our revenue improved by ten percent compared with the previous year, with Lufthansa Cargo and Lufthansa Technik also contributing with their strong performance.

“On the North Atlantic, the number of guests rose by more than seven percent in the first quarter, with higher load factors and better yields. Demand continues to be robust for the second quarter. I am pleased that our guests are benefiting from significantly improved punctuality and stability, particularly with our core brand Lufthansa. Operationally, we had our best start to the year in ten years. I would therefore like to express my special thanks to all crew members, technicians, and employees at the airports and in the operations centers of our airlines, who contributed to this success with their great commitment.”

Lufthansa said demand remains robust and still expects full year earnings, this year, to be “significantly above” last year.