What Happened
German Carrier Sees Revenue And Profit Growth Despite Fuel Price Pressures
Lufthansa Group has reported strong third-quarter profits, driven by efficiency measures and robust demand across all segments. The company’s operating profit rose 6% to €1.4 billion, while total revenue increased 9% to €12.2 billion. Despite higher fuel costs, Lufthansa’s discipline on unit costs and strong earnings from Lufthansa Cargo and Lufthansa Technik contributed to the positive results. According to AeroTime, the company’s full results are available on its website.