د لوفتانسا ګروپ د پام وړ لګښت کمولو له لارې عملیاتي زیان کموي

د ترافیک پرمختګ

The capacity offered in the first quarter of 2021, measured in passenger kilometers, was 21 percent of the pre-crisis 2019 level. In total, the airlines of the Lufthansa Group carried 3 million passengers in the first three months. This is 10 percent of the pre-crisis level of the first quarter of 2019. The seat load factor was 45 percent or 33 percentage points lower than in the first quarter of 2019.

Lufthansa Cargo with record quarter

Due to the continued scarcity of freight capacity in the market despite continued high demand, the cargo business of the Lufthansa Group was able to maintain its strong development from the previous year. Compared to the same period last year, sales increased by 45 percent to EUR 802 million. The freight load factor rose by 11.9 percentage points to 75.7 percent. Adjusted EBIT improved accordingly to EUR 314 million (previous year: minus EUR 22 million), the highest ever in Lufthansa Cargo history.

د نغدي جریان او مایع پرمختګ

At the end of the quarter, the Lufthansa Group had liquidity of EUR 10.6 billion. This includes untapped funds of the governments’ stabilization measures and loans amounting to around EUR 5.4 billion.

Free cash flow adjusted for IFRS 16 effects was minus EUR 947 million in the first quarter (previous year: EUR 620 million). With an average of EUR 235 million per month, operating cash drain was below the original expectation of about EUR 300 million. This positive development is mainly due to the better than expected earnings development in the logistics and MRO segments.

At EUR 10.9 billion, net debt was EUR 1.0 billion higher than at the end of 2020 (December 31, 2020: EUR 9.9 billion). At the same time, the equity ratio increased by 1.8 percentage points compared to year end 2020 to 5.3 percent (31 December 2020: 3.5 percent), mainly due to lower pension liabilities resulting from increasing interest rates.