Lufthansa Group sees passenger numbers hit record highs in early 2018


Lufthansa Group sees passenger numbers hit record highs in early 2018

Lufthansa Group sees passenger numbers hit record highs in early 2018

Lufthansa Group increased its total first half-year revenues by 5.2 per cent in 2018,
excluding the impact of the first-time application of the IFRS 15 accounting standard. Reported total first half-year revenues amounted to €16.9 billion, broadly in line with the prior-year level.

Traffic revenue for the first six months totalled €13.2 billion, which, excluding the first-time impact of IFRS 15, represents an increase of seven per cent. Adjusted EBIT - the key profit metric of Lufthansa Group - was roughly at its prior-year level at €1,008 million.

"The prime features of Lufthansa Group's development in the first half of 2018 were strong growth and a simultaneous improvement in our unit revenues. "Achieving both simultaneously is a significant success," said Ulrik Svensson, chief financial officer of Deutsche Lufthansa.


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