All Lufthansa Group airlines achieve substantial growth in the first half of 2018

Lufthansa Group increased its total first half-year revenues by 5.2 percent in 2018, excluding the impact of the first-time application of the IFRS 15 accounting standard. Reported total first half-year revenues amounted to EUR 16.9 billion, broadly in line with the prior-year level. Traffic revenue for the first six months totaled EUR 13.2 billion, which, excluding the first-time impact of IFRS 15, represents an increase of 7.0 percent. Adjusted EBIT – the key profit metric of Lufthansa Group – was roughly at its prior-year level at EUR 1,008 million. Adjusted EBIT margin amounted to 6.0 percent (compared to 6.1 percent … Continue reading All Lufthansa Group airlines achieve substantial growth in the first half of 2018