In the third quarter of the current financial year, Lufthansa achieved an operating profit of 1,5 billion euros. Compared to the same period last year, the increase was around a third. 

This is the second best result that the group has achieved in its entire history. The fact that the price screw has been increased significantly has also contributed to this, as the yield is higher than ever since the carrier was founded. At the same time, they benefited from high demand because passengers were willing to pay a lot of money for tickets. Lufthansa wants to start rolling out the controversial green fares on long-haul flights next year. 

By the way, Lufthansa's previous record for a third quarter was in 2017, immediately after the bankruptcy of its competitor Air Berlin. At that time, however, average revenue per ticket was not as high as in Q3/2023. CEO Carsten Spohr predicts that the group of companies he leads will end the current financial year with a profit of at least 2,6 billion euros. 

A closer look also shows that Lufthansa has only implemented 88 percent of the offer that it had before the corona pandemic. It follows that the current financial figures were achieved almost exclusively through significantly increased ticket prices. Competitors such as Ryanair accuse the Kranich Group of keeping its offerings tight in order to be able to charge the highest possible prices. 

In any case, Lufthansa has announced that its offering will be expanded next year to around 94 percent of the pre-crisis level. For the current financial year, it is expected that it will level off at around 85 percent. Also with the daughters Swiss and Austrian Airlines The company was in the black in the third quarter of 2023.