Lufthansa Posts Q1 Loss, Reaffirms 2025 Profit Outlook

Lufthansa reported a first-quarter adjusted operating loss of €722 million, an improvement over the prior year, despite higher revenues and rising operating costs. The airline cited ongoing macroeconomic uncertainties, particularly US-Europe trade tensions, as factors impacting investor confidence and demand, especially for transatlantic routes. However, Lufthansa has seen significant growth in passenger numbers from the US, bolstering the outlook for transatlantic travel. The company has established a task force to monitor market developments and may adjust capacity if demand weakens. CEO Carsten Spohr reaffirmed Lufthansa's positive full-year outlook, targeting a significantly higher operating profit than in 2024, while noting that limited visibility remains due to global economic uncertainty. The company also pointed to potentially lower fuel prices as a buffer against any downturn in demand.