The Lufthansa Group reported a 10% year-on-year revenue increase in the first quarter of 2025 (Q1 2025) reaching €8.1 billion. While the company recorded an adjusted EBIT loss of €722 million, this marked a significant improvement over last year's €849 million loss. However, the Group's net result declined to -€885 million from -€734 million.
Operational performance improved markedly, with flight punctuality and stability reaching a ten-year high for core brand Lufthansa. Compensation payments for delays and cancellations fell by 52%, reflecting enhanced efficiency.
Passenger airline revenue rose by 6% to €5.9 billion in Q1 2025, though adjusted EBIT fell slightly to -€934 million due to rising costs and a shift in the Easter travel season. Passenger yields rose marginally, with North Atlantic routes performing particularly well—passenger numbers rose by 7.1% and revenues increased by 6.7%.
Lufthansa Technik and Lufthansa Cargo posted robust results. Lufthansa Technik revenue climbed 18% to €2 billion, with adjusted EBIT up 49% to €161 million. Cargo operations saw a return to profitability, with adjusted EBIT reaching €62 million after an improved cost structure and higher revenues.
Adjusted free cash flow rose to €835 million (previous year: €305 million), reducing net debt to €5.3 billion and pension liabilities to €2.2 billion. Liquidity stood at €11.4 billion.
Looking ahead, Lufthansa expects continued strong demand, particularly for Mediterranean and long-haul destinations, though it remains cautious due to global economic uncertainties. (€1.00 = US$1.14 at time of publication).
