ABOUT LUFTHANSA
We connect people all over the world with our core business: passenger transportation. We are known throughout the world for our outstanding quality and excellent service. Our route network covers more than 200 destinations in some 80 countries with our main hubs located in Frankfurt am Main and Munich.
COMPANY PORTRAIT
The Lufthansa Group is an aviation group with operations worldwide. With 110,065 employees, the Lufthansa Group generated revenue of EUR 13,589m in the financial year 2020. The Lufthansa Group is composed of the segments Network Airlines, Eurowings and Aviation Services. Aviation Services comprises the segments Logistics, MRO, Catering and Additional Businesses and Group Functions. The latter also include Lufthansa AirPlus, Lufthansa Aviation Training and the IT companies. All segments occupy a leading position in their respective markets.
KEY FIGURES
Demand fell dramatically in the year of the Corona pandemic and the associated travel restrictions. Revenue at the Lufthansa Group fell to 13.6 billion euros in 2020 (previous year: 36.4 billion euros). Despite rapid and extensive cost reductions, the Lufthansa Group had to report an Adjusted EBIT of minus 5.5 billion euros (previous year: profit of 2.0 billion euros). The Adjusted EBIT margin was minus 40.1 percent (previous year: plus 5.6 percent). The operating cash drain in the fourth quarter of 2020 was around 300 million euros per month. Progress in restructuring limited the impact of the intensified pandemic situation on earnings.
Lufthansa’s partner airlines
Our Lufthansa Regional network makes the perfect addition, connecting the various regions of Europe with each other and with the Star Alliance network. Our services are further enhanced by additional partnerships with selected airlines.
Through our carefully chosen cooperation partners, we can bring you even better connections and a well-coordinated service.
Codeshare partnerships
With Lufthansa’s global route network, you can reach destinations in more than 80 countries, and we also offer flights with codeshare partners. These are airlines with which we have an agreement on the shared use of flight capacities. This means that, together with the flights operated by Lufthansa, there are so many more destinations and departure times available to you.
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