Lufthansa, in the 1st quarter the revenues rise and the operational loss is reduced to 722 million

The Lufthansa group closed the January-March 2025 period, usually the worst for the sector, with growing revenues compared to last year and an operational loss in improvement. But the red of the last line of the budget rises to 885 million euros, also due to the 325 million invested in Ita Airways in exchange for 41%. This is what we read on the accounts deposited by the German giant which also includes Swiss, Austrian Airlines, Brussels Airlines, Eurowings, Air Dolomiti, maintenance, cargo.

the numbers

In the first quarter, the group transported 24.29 million passengers, slightly decreased compared to the 24.36 of the same period of 2024, with a flight filling rate of 78.7%. The total turnover amounts to 8.13 billion euros (+10%), the EBITDA rectified at -121 million (it was -279 million a year earlier) and a rectified ebit of -722 million (against -849 of 2024). The debt drops in three months of 464 million to 5.28 billion to 31 March.

The absence of Easter

The revenues from the division that brings together 5.92 billion airlines (+6%), but the rectified Ebit marks -941 million euros (from -920 of 2024), confirming the fact that between January and March few people fly to high fixed costs. It should also be remembered that, unlike the past year, Easter in 2025 happened in the late April, which will be seen on the budget of the second quarter. At the level of a single vector Swiss limits the operational loss to 10 million, Lufthansa marks -553 million, Austrian -111 million, Brussels -53 million and Eurowings -201 million.

The other divisions

The turnover of logistics – that is the cargo – to 834 million euros and a positive rectified ebit for 62 million rises by 21%. The division of maintenance (Technik) is even better, which closed the quarter with 2.02 billion euros in revenues and a rectified ebit of +200 million. In numbers does not appear an explicit figure relating to Ita Airways. In some attached documents we read that « the operating result deriving from the shareholdings was -38 million euros » and « mainly includes the seasonally negative performance of the Joint Venture Sun Express and, for the first time, the negative pro -quota result of participation in Italy ».

« The travel demand is growing »

«The global demand for air travel continues to grow. Despite all the geopolitical uncertainties, we therefore remain on the growth path, we are optimistic for the summer and confirm our positive perspective for 2025 « , comments in a note Carsten Spohr, CEO of the Lufthansa group. «On the northern Atlantic, the number of passengers increased by over 7% in the first quarter, with higher load factors and better returns. The question remains solid even for the second quarter ».