Lufthansa Group’s 2018 net profit down 7.6% on higher fuel costs, expenses

Credit: Rob Finlayson
Lufthansa Group recorded a 2018 net profit of €2.2 billion ($2.5 billion), down 7.6% from €2.3 billion in 2017. Revenues grew 6% to €35.8 billion ($41 billion) in 2018; its adjusted operating profit declined by 4% to €2.8 billion. The company incurred €850 million in higher fuel costs and around...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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