{"id":31811,"date":"2023-05-03T05:42:39","date_gmt":"2023-05-03T05:42:39","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/lufthansa-posts-40-jump\/"},"modified":"2023-05-03T05:44:34","modified_gmt":"2023-05-03T05:44:34","slug":"lufthansa-sees-earnings-boost","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/lufthansa-sees-earnings-boost\/","title":{"rendered":"Lufthansa sees earnings boost from strong summer travel"},"content":{"rendered":"

FRANKFURT (Reuters) -German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets.<\/p>\n

“The continuously strong demand gives us confidence for the coming months,” finance chief Remco Steenbergen said on Wednesday.<\/p>\n

Lufthansa said it still expects to post a significant year-on-year improvement in adjusted earnings before interest and tax (EBIT) for the full year 2023.<\/p>\n

For the first quarter, it posted an adjusted EBIT loss of 273 million euros ($300.96 million), improved from a 577 million loss in the year-earlier period and broadly in line with analyst consensus for 279 million.<\/p>\n

Revenues jumped 40% to 7.02 billion euros in the three months through March, though the figure fell short of consensus for 7.57 billion.<\/p>\n

($1 = 0.9071 euros)<\/p>\n

(Reporting by Maria Sheahan, Editing by Friederike Heine)<\/p>\n

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FRANKFURT (Reuters) -German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets. “The continuously strong demand gives us confidence for the coming months,” finance chief Remco Steenbergen said on Wednesday. Lufthansa said it still expects to post […]<\/p>\n","protected":false},"author":8,"featured_media":31841,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-31811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ4204E-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/31811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=31811"}],"version-history":[{"count":4,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/31811\/revisions"}],"predecessor-version":[{"id":31854,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/31811\/revisions\/31854"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/31841"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=31811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=31811"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=31811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}