Lufthansa Group

Lufthansa Group raises earnings forecast for 2022

Share

Lufthansa Group continues to see strong demand for air travel. Average yields in the passenger business remain well above the pre-crisis level. Lufthansa Cargo and Lufthansa Technik are expected to achieve record results in the current financial year.

Earnings performance in October and November exceeded expectations. The booking situation for the coming months indicates a continuation of the positive trend in the Group’s passenger business. The Group, therefore, expects to be able to generate Adjusted EBIT1 of around EUR 1.5 billion in the 2022 financial year (previously: more than EUR 1 billion).

The Group will present the full year 2022 results on March 3, 2023.

1Adjusted EBIT is not an indicator according to IFRS. Information on the calculation of Adjusted EBIT is available in the Annual Report 2021 of Deutsche Lufthansa AG.

13 December 2022

This post was published on 13 December 2022 12:30

André Orban

M. Sc. Engineering

Published by
André Orban

Recent Posts

Greece orders 8 Airbus H215 helicopters to strengthen wildfire response

Athens has signed a deal with Airbus Helicopters for eight H215 helicopters, with options for…

30 April 2025

Air France-KLM Group posts stronger Q1 2025 with €161M operating improvement and €783M free cash flow

Air France-KLM began 2025 with a €161 million year-on-year improvement in operating result, bringing Q1…

30 April 2025

Lufthansa lands Airbus A380 in Denver for the first time

Lufthansa has operated its first-ever Airbus A380 flight to Denver, marking a milestone for both…

30 April 2025

KLM Group Q1 2025: cost-saving measures show early impact amid ongoing challenges

KLM Group reported €2.9 billion in revenue for Q1 2025, up 8% year-on-year, while narrowing…

30 April 2025

Boeing 787 Dreamliner surpasses 1 billion passengers in under 14 years

Boeing announced that its 787 Dreamliner fleet has carried over 1 billion passengers, achieving the…

30 April 2025

IATA March 2025 air passenger traffic summary: Growth continues amid capacity outpacing demand

Global air travel demand rose by 3.3% year-on-year in March 2025, slightly up from February’s…

30 April 2025