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.