That’s what CEO Carsten Spohr said while presenting the quarterly figures in Frankfurt on Thursday.
The MDax group doubled its profit forecast for 2022 last week and is now targeting an operating result (adjusted EBIT) of over one billion euros. The Board also expects the numbers to be in the dark for the otherwise rather weak fourth quarter. In addition, Lufthansa now wants to repay the remaining state aid for its foreign subsidiaries Austria and Brussels by the end of December.
In the third quarter, Lufthansa was again clearly black. After a loss of 72m euros a year ago, the surplus was 809m euros during the busiest travel season of the year. The group managed to increase its operating profit more than four times to approximately 1.1 billion euros.
For the passenger division of the group, this was also the first quarterly operating profit since the start of the pandemic due to the significant increase in ticket prices. The freight division Lufthansa Cargo has reached another record value and plans to exceed its record operating profit in 2021 in the current year. Lufthansa Technik’s maintenance division also said it expects a record result in 2022.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
