Lufthansa Group reported a 10% increase in revenue for the first quarter of 2025, reaching 8.1 billion euros, up from 7.4 billion euros in the previous year. The company reduced its operating loss to 722 million euros, improving from a loss of 849 million euros in the same period last year. Carsten Spohr, the CEO of Deutsche Lufthansa AG, stated, “Global demand for air travel continues to grow,” expressing optimism for a positive outlook in 2025 despite geopolitical challenges.
An improvement in punctuality and stability was highlighted, with Spohr noting a reduction in compensation payments for flight disruptions, leading to better operational performance, especially for the core Lufthansa brand. The Group’s airlines expanded capacity by nearly 5%, but load factors slightly decreased to 78.7%. Revenue from passenger airlines saw a 6% rise to 5.9 billion euros, although cost increases impacted results. Spohr acknowledged the team’s efforts by stating, “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.”
The North Atlantic routes performed strongly, with passenger numbers rising by 7.1%. Lufthansa Technik and Lufthansa Cargo also showed positive trends, with Technik’s revenue increasing by 18% and Cargo generating an adjusted EBIT of 62 million euros.
Operating cash flow grew to 1.8 billion euros, improving adjusted free cash flow to 835 million euros. The Group reduced its net debt to 5.3 billion euros. Till Streichert, the Chief Financial Officer, remarked on the positive financial developments, stating, “We are in a period of high volatility. In this environment, it is good news that we are making progress as planned on issues within our control.”
Looking ahead, the Group expects robust summer travel, with popular destinations in the Mediterranean and strong demand for North America flights. However, macroeconomic uncertainties, including trade tensions, present forecasting challenges. Despite these, Lufthansa confirms its forecast for a full-year operating result significantly above the previous year’s outcome.
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