Lufthansa Group Reports Third Quarter 2025 Net Profit of €966 Million

Lufthansa Group has reported a third quarter 2025 net profit of €966 million or €0.81 per share on a year-over-year increase in revenue of 4.0 percent to €11.2 billion.  The Group ended the period with a total of €11.9 in liquidity.

Lufthansa Group Reports Third Quarter and Nine Month (9M) Financial Results - Courtesy Lufthansa Group

On Thursday (October 30, 2025), Lufthansa Group reported their third quarter and nine month (9M) financial results for the period ending September 30, 2025.  The Group reported a third quarter net profit of €966 million or €0.81 per share on a year-over-year increase in revenue of 4.0 percent to €11.2 billion.  Lufthansa Group’s third quarter revenue per available seat kilometer (RASK) declined (2.2) percent compared to the same period last year to 9.4 euro cents, while cost per available seat kilometer, excluding fuel (CASK-ex) increased 0.5 percent to 6.1 euro cents.  The company ended the third quarter with €11.9 billion in total liquidity, up €900 million from December 31, 2024.

In Thursday’s announcement, Lufthansa Group AG’s Chairman and CEO, Carsten Spohr, said,

“Our review of the third quarter is overall positive. We have had the best summer in terms of our flight operations in the last decade - with regularity of over 99 percent and a double-digit improvement in punctuality.  At the same time, the long-awaited aircraft deliveries are finally picking up speed, as are the extensive product improvements on our long-haul fleets.  In combination with numerous digital innovations, upgraded services, and newly designed lounges, passenger satisfaction rose significantly in the third quarter.  

“With employee satisfaction also reaching new highs across the Group, 2025 marks a positive turning point.  This also applies to our unit costs in the second half of the year, which are developing significantly better than in previous quarters thanks to strict cost management and numerous efficiency measures.  In addition, demand remains stable, with the premium segment continuing to be particularly strong, and the booking outlook for the fourth quarter is positive.

“Even though we must continue to work intensively on the turnaround of our core business and the efficiency of our airlines, we can confirm our forecast of a significant improvement in earnings in 2025 today.  However, we remain concerned that Germany as a location for business is benefiting less and less from our success, as shown by the fact that domestic flights within Germany have halved since 2019 due to regulatory cost developments.”

Lufthansa Cargo generated a third quarter operating profit of €49 million, up from €38 million during the same period last year, while Lufthansa Technik recorded a decline in operating profit to €130 million, down from €161 million during Q3 2024.  The company’s net debt continued to decline compared with the end of 2024, and now stands at €5.1 billion euros, down from 5.7 billion euros at December 31, 2024. Individual financial results for select Group airlines are available here: Austrian Airlines (not available at time of publication), Brussels Airlines, and SWISS.

Source: Deutsche Lufthansa AG