Luftfahrt: Premiumkunden retten das Quartal von Lufthansa

Frankfurt - Despite geopolitical crises, Lufthansa's revenue rose by nine percent to 12.2 billion euros in the third quarter, according to the airline's latest figures. The adjusted operating result, excluding interest and taxes (EBIT), increased from 1.3 to 1.4 billion euros. The numbers, announced on Tuesday morning, met analyst expectations, which had previously forecasted a revenue of 12.19 billion euros.

Since the start of the year, the company has reported a revenue of 32.1 billion euros (compared to 29.6 billion euros last year) and a normalized profit of 1.2 billion euros (compared to 1.5 billion euros last year).

However, management has lowered its own forecast for the second time this year, citing high fuel prices. The normalized profit for the year is expected to be between 1.7 and two billion euros. In early August, the company board had already revised the profit forecast downwards, from over two billion euros to between 1.7 and 2.2 billion euros.

Lufthansa Group CEO Carsten Spohr stated in the company's announcement: "The past quarter was the highest-revenue quarter in the history of the Lufthansa Group. With increasing revenues despite constant high demand and strict cost discipline, we managed to compensate for the nearly half-billion euro increase in fuel costs."