Lufthansa Group announced its financial results for the first quarter of 2025, revealing that all its passenger airlines experienced losses. The results exclude ITA Airways, whose performance was reported under operating results from equity investments and showed a year-on-year decline.
Lufthansa Group's overall operating losses improved, yet its passenger airlines showed worse performance compared to the same period in 2024. The five airlines under the group reported a 6% increase in both revenue and operating expenses, contributing to a net loss of €885 million ($1 billion) for the quarter, compared to a €734 million ($835.9 million) net loss in Q1 2024. Traffic revenue rose by 8% to €6.3 billion ($7.1 billion) while total revenue increased by 10% year-on-year to €8.1 billion ($9.2 billion).
Despite reduced fuel costs by 1%, the Lufthansa Group indicated that increased fuel consumption, up by 4% year-on-year, neutralized the benefits of the lower fuel prices. Chief Executive Officer Carsten Spohr remarked, “Demand continues to be robust for the second quarter. I am pleased that our guests are benefiting from significantly improved punctuality and stability, particularly with our core brand Lufthansa. Operationally, we had our best start to the year in ten years.”
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