Lufthansa Group has announced its 2024 results, highlighting that the group’s revenues climbed to its highest-ever levels due to its higher capacity, enabling the company to offset some of the strike-related losses.

The German airline group has been struggling with its ageing fleet as hundreds of newer models face delivery delays.

Lufthansa Group has published its financial results for 2024, describing the period as a “year of two halves’ restrained by aircraft delivery delays.

German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delayed aircraft deliveries, as a post-pandemic rebound petered out. It also pointed to problems caused by "significantly higher costs,

Lufthansa Group believes the business can capitalise on momentum created in the second half of 2024 to achieve stronger financial returns in 2025, which it describes as a "year of transition".

The loyalty program of a dozen airlines, including Lufthansa, Swiss, Austrian, Eurowings and LOT Polish Airlines, will remove its reasonable award chart pricing and instead price redemptions based on cash fares.

Investing.com -- Lufthansa Group (ETR: LHAG) on Thursday has reported a decline in its full-year operating profit for 2024, citing a combination of strikes, rising costs, and delays in aircraft deliveries as key factors that impacted its financial performance.

Lufthansa expects significant earnings growth in 2025 with high demand, capacity increase, and a successful turnaround strategy, despite past profit declines due to higher costs and delays.

Q4 2024 Results Conference Call March 6, 2025 6:30 AM ET. Company Participants. Marc-Dominic Nettesheim - Head of Investor Relations Carsten Sp

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