logo
  

Lufthansa Group Airlines Oct. Sales Volume Up 2.7% - Quick Facts

Lufthansa Group Airlines (DLAKY) reported that its October sales volume increased by 2.7 percent over the previous year. The available seat kilometres were up 1.4 percent. Seat load factor increased by 1.0 percentage points to 82.8 percent.

In October 2019, the Lufthansa Group airlines welcomed around 13.3 million passengers, an increase of 1.1 percent from prior year.

For the month of October, the Network Airlines including Lufthansa German Airlines, SWISS and Austrian Airlines reported an increase in sales volume by 4.4 percent. The available seat kilome­tres increased by 3.3 percent. Seat load factor increased by 0.9 percentage points to 82.8 percent.

The Network Airlines carried around 9.8 million passengers in October, a 2.5 percent increase from the prior-year period.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
PepsiCo, Inc. (PEP) has reached an agreement with private equity firm PAI Partners to sell Tropicana, Naked and other select juice brands across North America. The agreement also includes an irrevocable option to sell certain juice businesses in Europe. The combined pre-tax cash proceeds will be approximately... Drug major Eli Lilly And Co. reported Tuesday weak profit in its second quarter, despite higher revenues driven by strong volume across core business and most major geographies. Further, the company trimmed its forecast for fiscal 2021 earnings on a reported basis and margin, while maintained adjusted earnings view above market estimates. The company also tightened full-year revenue forecast. Shares of BMW Group were losing around 5 percent in German trading after the luxury automaker warned Tuesday that its second half-year is likely to be more volatile, affected by supply bottlenecks, high prices for raw materials and a shortage of semiconductors. This was despite reporting strong second-quarter results driven by solid demand.
Follow RTT