Germany’s flag carrier Lufthansa registers profits after Covid slump
After two consecutive years of losses, Germany’s flag carrier Lufthansa said that it had once again made a profit in 2022, as international air traffic recovered from the Covid-19 pandemic.
Due to “strong increase in demand for air travel over the course of the year”, the Lufthansa Group almost doubled its revenues year-on-year to 32.8 billion euros ($34.9 billion), reports Xinhua news agency.
Net income was 791 million euros, after hitting minus 2.2 billion euros in the previous year.
Last year, Lufthansa’s passenger numbers more than doubled year-on-year to 102 million, the airline said.
At the beginning of 2022, earnings were still being “heavily impacted” by the spread of the Omicron variant and the associated restrictions.
