Economic report

  • Global economic growth slows, economic output in Germany falls again.
  • Oil price trends lower.
  • Global passenger and airfreight traffic report strong growth rates.
  • Course of business of the Lufthansa Group impacted by delays to the delivery of new aircraft, strikes, inefficiencies at Lufthansa Airlines, decreasing yields and irregularities in flight operations.
  • Lufthansa Group generates revenue of EUR 37.6bn.
  • Adjusted EBIT of EUR 1.6bn down by 39% on the previous year, Adjusted EBIT margin at 4.4%.
  • Adjusted free cash flow for Lufthansa Group at EUR 840m.
  • Balance sheet further strengthened.