India, Aug. 5 -- The Lufthansa Group increased its revenue in the second quarter of 2026 by eight percent year on year to 11.1 billion euros (prior year: 10.3 billion euros).
Financial Performance (Q2 2026)
- Revenue rose 8% year-on-year to €11.1 billion.
- Operating profit (Adjusted EBIT) was €383 million, down from €870 million last year.
- Net income dropped to €123 million (vs. €1.0 billion last year).
- Fuel costs surged by about €750 million compared to the prior year, plus €150 million in strike-related costs.
- Adjusted EBIT margin contracted to 3.4% (from 8.4%).
Business Segments
- Network Airlines: EBIT of €137 million, hit hard by fuel costs and strikes, but demand remained strong, especially in premium and Asian routes.
- Eurowings (Point-to-Point): EBIT fell to -€37 million, with strong intra-European demand but higher costs.
- Lufthansa Cargo: EBIT improved to €116 million, supported by high freight demand and yields up 27%.
- Lufthansa Technik: EBIT steady at €157 million, with revenue up 11%.
Key Drivers & Challenges
- Strong demand in premium travel and Asia routes helped offset costs.
- Investments in new products (Allegris, Swiss Senses, FOX upgrades) are starting to pay off.
- Strikes and geopolitical crises (Middle East conflict) added pressure.
- Cargo and Technik divisions provided resilience.
Outlook for 2026
- Expected Adjusted EBIT: €1.7-2.2 billion (upper end above last year's result).
- Free cash flow forecast: ~€0.9 billion.
- High uncertainty remains due to volatile kerosene prices and......
Published by HT Digital Content Services with permission from Travel Media.