Lufthansa ‘ back in the black’
Lufthansa posted its first net profit since the start of the pandemic, in part thanks to strong cargo business.
The airline recorded a net profit of €259 million for the April to June quarter.
It ‘expects demand for tickets to remain high for the remaining months of the year’
Revenue for the quarter was up by 164% compared to last year, at €8.5 billion.
“This is a strong result after a half-year that was challenging for our guests but also for our employees. Nevertheless, we are optimistic about the future,” CEO Carsten Spohr said.
The airline had a load factor of 80% in the second quarter.
The 29.2 million passengers carried represents 74% of pre-pandemic levels.
It will start recruiting again, and hopes to bring in about 5,000 new employees.
It managed to avert more ground staff strikes by reaching a pay deal but pilots voted in favour of strike action.
Ray Monty
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive