Lufthansa exceeds expectations. The bottom line was that the group recently earned twice as much as a year earlier. Not only did the ongoing business contribute to this.
A strong ticket demand and lower fuel costs are optimistic about the current year despite the turbulent global economy. The operational profit before special items (adjusted EBIT) is to significantly exceed the previous year’s value of 1.6 billion euros as planned, the group listed in the MDAX said in Frankfurt on Thursday. Even an increased trend towards short-term bookings does not change this. In the second quarter, Lufthansa and its daughters were already doing better than expected.
The adjusted operational profit rose by 27 percent to 871 million euros after strikes had burdened the result a year earlier. All corporate airlines such as Lufthansa, Swiss, Austrian, Brussels and the new branch ITA flew black. The bottom line was that Lufthansa even earned a billion euros and thus twice as much as a year earlier. In addition to the ongoing business, the exchange rate for the US dollar and a tax repayment contributed to this.
Source: Stern
