- Deutsche Lufthansa AG
- 29 April 2025 14:11:56
Source: Sharecast
The company said that it continues to expect a 4% increase in available capacity in 2025, with a "clear increase" in revenues and adjusted EBIT "significantly higher" than the previous year.
However, Lufthansa said that risks exist with regard to possible tariffs and the impact they could have on aircraft deliveries and spare parts procurement.
"At the same time, tariffs may aggravate trade tensions between the USA and key trade partners such as China and the EU, which may lead to an economic slowdown," the airline said.
"This might adversely impact customer demand, particularly on connections to North America, the Lufthansa group’s second most important traffic region,"
The comments came as Lufthansa reported a 10% year-on-year increase in revenues in the first quarter to €8.13bn, whilst cutting its adjusted losses (on an EBIT basis) to €722m from €849m the year before.
The company ran 4% more flights than last year at 204,175 during the period ended 31 March, with passenger numbers flat but revenue seat kilometres up 3%.
Shares were nearly 5% lower at €6.22 by 1453 in Frankfurt.