Lufthansa in 2019

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sn-remember
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Re: Lufthansa in 2019

Post by sn-remember » 30 Apr 2019, 20:41

Lufthansa reports a poor Q1 result : -342 millions euros net loss against -39 millions previous year, nearly 10 times worse.
LX on the other hand succeeds remaining North with 48,3 millions SF profit (a significant drop from last year though which were twice as much).
I don't have the figures for OS, EW and SN yet, let me time to dig further :-)
https://www.tdg.ch/economie/prix-carbur ... y/12835062

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luchtzak
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Re: Lufthansa in 2019

Post by luchtzak » 30 Apr 2019, 23:55

sn-remember wrote:
30 Apr 2019, 20:41
Lufthansa reports a poor Q1 result : -342 millions euros net loss against -39 millions previous year, nearly 10 times worse.
LX on the other hand succeeds remaining North with 48,3 millions SF profit (a significant drop from last year though which were twice as much).
I don't have the figures for OS, EW and SN yet, let me time to dig further :-)
https://www.tdg.ch/economie/prix-carbur ... y/12835062
Network Airlines

The Network Airlines of Lufthansa, SWISS and Austrian Airlines achieved an aggregate Adjusted EBIT of EUR -160 million (prior-year period: EUR 132 million). Adjusted EBIT margin amounted to -3.3 percent, a six-percentage-point decline from the 2.7 percent of the prior-year period. First-quarter unit revenues (adjusted for currency movements) declined 5.2 percent, owing mainly to the difficult European market situation. The long-haul business to and from Asia and North America showed much more encouraging trends. Unit costs (adjusted for fuel and currency influences) were reduced by 0.8 percent.

Eurowings

First-quarter Adjusted EBIT for Eurowings declined to EUR ‑257 million (prior-year period: EUR -212 million). Unit revenues (adjusted for currency movements) were 8.5 percent below their prior-year level, owing mainly to the high pricing pressures on short-haul routes, which account for a larger portion of total revenues at Eurowings than they do at the Network Airlines. Unit costs (adjusted for fuel and currency influences) were 7.2 percent below their prior-year levels. Eurowings benefited here from the absence in this year’s results of the costs of integrating former Air Berlin aircraft, which had been incurred in the prior-year period. Further cost-reduction measures were also initiated that will reap their rewards later in the current year.

https://www.aviation24.be/airlines/luft ... t-quarter/

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Re: Lufthansa in 2019

Post by sn26567 » 01 May 2019, 00:33

sn-remember wrote:
30 Apr 2019, 20:41
I don't have the figures for OS, EW and SN yet, let me time to dig further :-)
No need to dig for SN: its results are drowned in the big loss of EW. :cry:
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sn-remember
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Re: Lufthansa in 2019

Post by sn-remember » 01 May 2019, 18:11

Thank you to the crew of this site, plenty of figures and analysises to browse through. Except for LX, the other players of the group are heavily in the red, not a glorious Q1 this year worse than expected. However as the saying goes, no dark cloud can forever prevent the sun from shining, at least we would like to believe it concerning the EW venture ...

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Re: Lufthansa in 2019

Post by Poiu » 01 May 2019, 19:33

sn26567 wrote:
01 May 2019, 00:33
sn-remember wrote:
30 Apr 2019, 20:41
I don't have the figures for OS, EW and SN yet, let me time to dig further :-)
No need to dig for SN: its results are drowned in the big loss of EW. :cry:
What makes you think SN’s figures are good?
(Not saying they are bad, just curious to know whether you have data to back up your statement. The only thing I see is stagnating growth and an unhealthy load factor)

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Re: Lufthansa in 2019

Post by sn26567 » 02 May 2019, 13:50

Poiu wrote:
01 May 2019, 19:33
sn26567 wrote:
01 May 2019, 00:33
sn-remember wrote:
30 Apr 2019, 20:41
I don't have the figures for OS, EW and SN yet, let me time to dig further :-)
No need to dig for SN: its results are drowned in the big loss of EW. :cry:
What makes you think SN’s figures are good?
(Not saying they are bad, just curious to know whether you have data to back up your statement. The only thing I see is stagnating growth and an unhealthy load factor)
The SN figures are not good. I spoke with Christina Foerster this morning, and she said the SN figures were negative, like generally in the LH Group. The Q1 figures are always the worst, for every airline. Nevertheless, Foerster is confident the year will end in black figures for SN. Not so sure about EW.
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Re: Lufthansa in 2019

Post by PttU » 02 May 2019, 16:56

sn26567 wrote:
02 May 2019, 13:50
Poiu wrote:
01 May 2019, 19:33
sn26567 wrote:
01 May 2019, 00:33

No need to dig for SN: its results are drowned in the big loss of EW. :cry:
What makes you think SN’s figures are good?
(Not saying they are bad, just curious to know whether you have data to back up your statement. The only thing I see is stagnating growth and an unhealthy load factor)
The SN figures are not good. I spoke with Christina Foerster this morning, and she said the SN figures were negative, like generally in the LH Group. The Q1 figures are always the worst, for every airline. Nevertheless, Foerster is confident the year will end in black figures for SN. Not so sure about EW.
Any comment on the reason for the negative figures? Skeyes-actions? Overall lower revenue? Or "we don't know"?

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Re: Lufthansa in 2019

Post by Ansett » 02 May 2019, 18:09

Q1 figures are indeed generally bad. No reason for them to be better for SN than LH, but perhaps better than EW. Will we ever know ?

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Re: Lufthansa in 2019

Post by TLspotting » 04 May 2019, 20:42

I'm Thibault Lapers, spotter in Belgium for now 3 years, but not yet across the world and a huuuuuge aviation geek ! Join me on Facebook & Twitter @TLspotting

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Re: Lufthansa in 2019

Post by TLspotting » 07 May 2019, 18:01

Lufthansa (Group) made a bid for Condor take over.

https://www.aviation24.be/airlines/thom ... ne-condor/
I'm Thibault Lapers, spotter in Belgium for now 3 years, but not yet across the world and a huuuuuge aviation geek ! Join me on Facebook & Twitter @TLspotting

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Re: Lufthansa in 2019

Post by sn26567 » 07 May 2019, 19:22

TLspotting wrote:
07 May 2019, 18:01
Lufthansa (Group) made a bid for Condor take over.

https://www.aviation24.be/airlines/thom ... ne-condor/
The experience of Eurowings swallowing other airlines is not very successful until now :?
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Re: Lufthansa in 2019

Post by TLspotting » 07 May 2019, 22:23

Lufthansa to fly using A343 only once a week from Frankfurt to Dublin as LH978/9 on Wednesday as from 3rd July.

Definitely another short flight with a big plane to make!
I'm Thibault Lapers, spotter in Belgium for now 3 years, but not yet across the world and a huuuuuge aviation geek ! Join me on Facebook & Twitter @TLspotting

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Re: Lufthansa in 2019

Post by Matt » 08 May 2019, 09:17

TLspotting wrote:
07 May 2019, 18:01
Lufthansa (Group) made a bid for Condor take over.

https://www.aviation24.be/airlines/thom ... ne-condor/
Didnt they once own Condor...?

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Re: Lufthansa in 2019

Post by sn26567 » 08 May 2019, 11:25

Matt wrote:
08 May 2019, 09:17
TLspotting wrote:
07 May 2019, 18:01
Lufthansa (Group) made a bid for Condor take over.

https://www.aviation24.be/airlines/thom ... ne-condor/
Didn't they once own Condor...?
If you go through the article, you will read that Lufthansa once owned 50% of Condor.
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Re: Lufthansa in 2019

Post by sn26567 » 08 May 2019, 12:12

Lufthansa Group focuses on high quality and responsible growth at its AGM.

https://www.aviation24.be/airlines/luft ... l-meeting/

Again and again. Lufthansa completely ignores Brussels Airlines in its press release. And not one single Brussels Airlines crew in the family picture. A complete lack of respect!

Image
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Re: Lufthansa in 2019

Post by C96C » 08 May 2019, 12:35

sn26567 wrote:
08 May 2019, 12:12
Lufthansa Group focuses on high quality and responsible growth at its AGM.

https://www.aviation24.be/airlines/luft ... l-meeting/

Again and again. Lufthansa completely ignores Brussels Airlines in its press release. And not one single Brussels Airlines crew in the family picture. A complete lack of respect!

Image
Euhm... I count 2 SN crew on the original picture...

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Re: Lufthansa in 2019

Post by luchtzak » 08 May 2019, 12:37

C96C wrote:
08 May 2019, 12:35

Euhm... I count 2 SN crew on the original picture...
What's your point ?

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Re: Lufthansa in 2019

Post by sn26567 » 08 May 2019, 14:49

Lufthansa, SWISS and Austrian Airlines customer service now also available via Messenger App.

https://www.aviation24.be/airlines/luft ... -airlines/

And Brussels Airlines? Brussels who? Are they part of the Lufthansa Group?
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Re: Lufthansa in 2019

Post by C96C » 08 May 2019, 15:19

luchtzak wrote:
08 May 2019, 12:37
C96C wrote:
08 May 2019, 12:35

Euhm... I count 2 SN crew on the original picture...
What's your point ?
No point, I just wanted to mention that there is SN crew on the picture.

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Re: Lufthansa in 2019

Post by Boavida » 08 May 2019, 16:15

sn26567 wrote:
08 May 2019, 14:49
Lufthansa, SWISS and Austrian Airlines customer service now also available via Messenger App.

https://www.aviation24.be/airlines/luft ... -airlines/

And Brussels Airlines? Brussels who? Are they part of the Lufthansa Group?
The treatment of SN by LH is (compared to the way they treat LX and OS), I'm afraid, an example of how Germans look to Belgium: we're "quantité négligeable", a country with no national identity (they wrongly think), a country that can be tossed around without the slightest bit of respect.

I could see a parallel with how they were never bothered by our existence during particular events in the 20th century, but I won't...

Funny detail, if we compare Belgium to Switzerland and Austria: Belgium is (population wise) the biggest country. 11,3 million compared to 8,7 million for Austria and 8,4 million for Switzerland. So a little more respect should be welcome.

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