Overall statement by the Executive Board on the economic position
The Lufthansa Group reported a positive business and earnings performance in the reporting year.
In a challenging environment the Passenger Airlines further increased their volume of traffic due to the continued high level of demand for air travel, and to holiday destinations especially. Adjusted EBIT for the Passenger Airlines improved year on year, sustained by lower kerosene prices, whereas slightly weaker yields dampened revenue growth.
Positive performance continued in the Logistics business segment, which benefited from generally good market demand, driven in particular by ongoing strong business from Asia. Lufthansa Cargo expanded its traffic overall and significantly improved its Adjusted EBIT.
In the MRO segment, continued high demand for flights prompted a further rise in demand for maintenance and repair services. Adjusted EBIT was roughly the same as in the previous year. It was impacted by the depreciation of the US dollar, as well as inflation- and growth-related cost increases and higher tariffs.
Overall, the Lufthansa Group’s revenue increased by 5% in the 2025 financial year to EUR 39,597m (previous year: EUR 37,581m). Adjusted EBIT improved by 19% to reach EUR 1,960m (previous year: EUR 1,645m).
All of the Lufthansa Group’s business segments and airlines reported a positive operating result in the 2025 financial year. In the reporting year, Lufthansa Airlines – supported by measures undertaken as part of the turnaround programme – also delivered a positive earnings contribution again after reporting a negative result in the previous year.
As in previous years, shareholders will again participate in the Lufthansa Group’s positive result. The Executive Board and Supervisory Board will therefore table a proposal at the Annual General Meeting on 12 May 2026 to distribute a dividend of EUR 0.33 per share for the 2025 financial year.
Despite the existing challenges, the Executive Board is confident that the Lufthansa Group will improve its earnings further and continue to build on its position as Europe’s leading airline group.