Lufthansa Airlines

The Lufthansa Group is a global airline company. Its main office is in Cologne, Germany. The Lufthansa Airlines had 109,509 employees and made EUR 32,770 million in revenue in fiscal year 2022. In fact, it is the biggest airline group in Europe, with over 100 million projected passengers in 2022. Besides that, the aviation services division, network airlines, and Eurowings make up the Lufthansa Group. Aviation Services includes the segments Logistics, MRO, Catering, Additional Businesses, and Group Functions.

Furthermore, it makes the most money from the passenger airline sector. Likewise, the latter group also includes the IT firms, Lufthansa AirPlus, and Lufthansa Aviation Training. Not to mention, every segment holds a dominant position in its respective market.

Lufthansa Airlines

Alliance and Revenue

The Lufthansa Group is a member of the biggest airline alliance in the world. As a result, Lufthansa passengers have access to a larger selection of flights and locations. The Lufthansa Group experienced a significant revenue boost, reaching 32.8 billion euros in 2022 due to a notable surge in air travel demand. In short, this marked a significant increase over the 16.8 billion euros from the previous year. The business managed to generate a positive Adjusted EBIT of 1.5 billion euros in the same year despite facing significant cost inflation, which included rising fuel costs. Well, this marked a noteworthy turnaround from the previous year’s figure of -1.7 billion euros.

Network Airlines and Eurowings

The Lufthansa Group’s Network Airlines division includes Lufthansa, Swiss International Air Lines, Austrian Airlines, and Brussels Airlines. In short, these airlines fly to destinations all over the world, both long and short distances. On the other hand, Eurowings is a subsidiary of the Lufthansa Group. It runs flights to locations in the Middle East, North Africa, and Europe.

Aviation Services

The Lufthansa Group’s Aviation Services division encompasses various businesses. These include Lufthansa Cargo and Lufthansa Technik. To point out, both offer aviation services like catering, ground support, and aircraft maintenance

Sustainability

The Lufthansa Group commits to environmental responsibility. Moreover, the company has ambitious goals to reduce CO2 emissions and enhance Sustainability. It is actively investing in sustainable technologies, such as aviation fuels, to achieve its sustainability goals.

Conclusion

The Lufthansa Group is a major player in the world of aviation. They are a significant economic force in Europe and committed to innovation and sustainability. Additionally, the airline pledged to give its passengers a trip that was sustainable, comfortable, and safe. In other words, the group is well-positioned to continue to grow and succeed in the years to come. Not to mention, it has set a target of cutting CO2 emissions by half by 2050. Finally, the company invests in new technologies like sustainable aviation fuels to achieve its sustainability targets.

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