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Reuters
31-07-2025
- Business
- Reuters
Lufthansa beats Q2 profit forecasts, confirms full-year guidance
BERLIN/LONDON, July 31 (Reuters) - Lufthansa ( opens new tab reported better-than-expected second-quarter results on Thursday, boosted by low oil prices and currency effects, and confirmed its full-year guidance. The German airline group reported an operating profit of 871 million euros ($995.3 million), compared with a forecast 805 million euros, according to an analyst poll compiled by Lufthansa. That is 27% higher against the 686 million euros reported in the same quarter last year. The company said the improved earnings were mainly due to its expanded flight programme in the passenger business, the positive effects from its investment in Italy's ITA Airways and a doubling in the operating result in its logistics segment. "Although the second quarter was again marked by geopolitical crises and economic uncertainties, we are today confirming our positive outlook for the full year," Chief Executive Carsten Spohr said in a statement. Lufthansa has struggled with spiralling costs tied to labour as well as a slower return in traffic from Asia, issuing two profit warnings last year. Spohr said Lufthansa's core brand had made strides in punctuality and operational stability amid ongoing restructuring efforts. Lufthansa also said demand in the United States remained strong despite the weakness of the U.S. dollar. Europe's major airlines are cautiously monitoring a possible dip in transatlantic travel to the United States as European travellers have shied away from booking trips there this year. A number of U.S. airlines, including Delta (DAL.N), opens new tab, abandoned their outlooks this spring on the back of weakening travel demand after U.S. President Donald Trump's administration announced tariffs, denting business and consumer confidence. European airlines, however have remained more optimistic to date although Virgin Atlantic did also warn earlier this year that it was seeing some slowdown in transatlantic bookings. ($1 = 0.8751 euros)
Yahoo
31-07-2025
- Business
- Yahoo
Lufthansa reports higher-than-expected Q2 earnings
BERLIN (Reuters) -Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed its full-year guidance. The German airline group reported an operating profit of 871 million euros ($995.29 million), compared with 805 million euros expected, according to an analyst poll compiled by Lufthansa. That's up 27% compared with 686 million euros reported in the same quarter last year. The company said the improved earnings were mainly due to its expanded flight programme in the passenger business, the positive effects from its investment in Italy's ITA Airways and a doubling in the operating result in its logistics segment. Lufthansa also said demand in the United States remained strong despite the weakness of the U.S. dollar. Europe's major airlines are cautiously observing for a possible dip in transatlantic travel as European travellers have shied away from booking trips there this year. A number of U.S. airlines, including Delta, pulled their outlooks this spring on the back of weakening travel demand after U.S. President Donald Trump's administration announced tariffs, denting business and consumer confidence. European airlines, however have remained more optimistic to date. ($1 = 0.8751 euros)
Reuters
31-07-2025
- Business
- Reuters
Lufthansa reports higher-than-expected Q2 earnings
BERLIN, July 31 (Reuters) - Lufthansa ( opens new tab on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed its full-year guidance. The German airline group reported an operating profit of 871 million euros ($995.29 million), compared with 805 million euros expected, according to an analyst poll compiled by Lufthansa. That's up 27% compared with 686 million euros reported in the same quarter last year. The company said the improved earnings were mainly due to its expanded flight programme in the passenger business, the positive effects from its investment in Italy's ITA Airways and a doubling in the operating result in its logistics segment. Lufthansa also said demand in the United States remained strong despite the weakness of the U.S. dollar. Europe's major airlines are cautiously observing for a possible dip in transatlantic travel as European travellers have shied away from booking trips there this year. A number of U.S. airlines, including Delta, pulled their outlooks this spring on the back of weakening travel demand after U.S. President Donald Trump's administration announced tariffs, denting business and consumer confidence. European airlines, however have remained more optimistic to date. ($1 = 0.8751 euros)
