Economy Country October 29, 2024

Lufthansa Sees Decline in Q3 Operating Income

Lufthansa Group announced a decline in its operating income for the third quarter year-over-year, impacted by challenges faced by its flagship brand and decreasing revenues.


The airline "Lufthansa" reported on Tuesday a decrease in operational profit in the third quarter compared to last year due to problems with the main brand of the company, which contributed to a decline in revenues.

The group's operational profit fell, and this is linked to difficulties with the brand in the current quarter. The company also experienced a general decline in revenues.

"Compared to the analogous period of last year, our profit decreased due to poor results of our main brand," the company noted.