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11h ago

Lufthansa Posts Q1 Losses Despite Revenue Growth

The airline reported a €722 million adjusted EBIT loss and a €885 million net loss as rising costs and tax pressures offset increased US passenger demand.

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Overview

  • Lufthansa's Q1 2025 revenue rose 10% year-on-year to €8.1 billion, reflecting strong demand recovery.
  • The adjusted EBIT loss narrowed by 15% to €722 million, but the passenger segment's losses widened to €934 million.
  • Net losses increased by over 20% to €885 million, largely due to reduced tax relief compared to the previous year.
  • US traveler numbers grew significantly in March, despite ongoing customs disputes, contributing to the airline's revenue gains.
  • CEO Carsten Spohr reaffirmed Lufthansa's goal to exceed last year’s €1.65 billion adjusted EBIT, supported by cost-saving and efficiency measures.