Lufthansa

Lufthansa forecasts profit path as it speeds premium push

The carrier’s turnaround programme has a target contribution of 1.5 billion euros by 2026 in gross Ebit

It will supply about 60,000 metric tons of jet fuel to Lufthansa annually.

China's Unipec agrees to jet fuel term supply deal with Lufthansa

[SINGAPORE] China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of jet fuel to Lufthansa annually, Sinopec said on Mond...

“Our goal is to strengthen Portugal’s global connectivity, preserve TAP’s Portuguese identity, and ensure the airline’s sustainable growth,” says Lufthansa CEO Carsten Spohr.

Lufthansa enters race for TAP stake against Air France-KLM

TAP is of interest to bigger players due to its routes to Brazil and Portuguese-speaking Africa

Analysts said the group was able to make up for soft demand with a strong Latin American market and premium bookings.

Lufthansa hits forecasts in third quarter despite weaker North Atlantic market

This comes in the wake of the group’s promise of an ambitious turnaround plan

Analysts said they expected the market would continue to put pressure on Lufthansa to show it can build a more efficient group.

Lufthansa to cut thousands of jobs in pursuit of efficiency

The airline group intends to reduce its administrative staff by 20% in the coming years

Lufthansa reported an operating profit of 871 million euros (S$1.29 billion), compared with 805 million euros expected, according to an analyst poll compiled by the airline.

Lufthansa reports higher-than-expected Q2 earnings

[BERLIN] Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed its full-year guidance.

For the first three months of 2025, Lufthansa reported an adjusted loss before interest and taxes (EBIT) of 722 million euros.

Lufthansa confirms 2025 outlook, braces for possible trade fallout

“Despite all the geopolitical uncertainties, we...are optimistic about the summer, and are sticking to our positive outlook for 2025,” says CEO Carsten Spohr

The result was nevertheless better than a forecast of just over one billion euros by analysts surveyed by the financial data firm FactSet.

Lufthansa 2024 profits dive amid strikes, rising costs

The group reported a net profit of 1.38 billion euros (S$1.98 billion) last year, down 18% from 2023

Lufthansa now has operational control of ITA, even if Italy - which previously had a 100 per cent stake - retains the right of review over strategic decisions.

Italy and Lufthansa seal ITA Airways deal

ITALY and Lufthansa finalised their agreement on Wednesday for the German airline to acquire a minority stake in ITA Airways, the state-owned carrier born from the ashes of Alitalia.