financetom
Business
financetom
/
Business
/
Lufthansa reports higher-than-expected Q2 earnings
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lufthansa reports higher-than-expected Q2 earnings
Jul 30, 2025 10:17 PM

BERLIN (Reuters) -Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed its full-year guidance.

The German airline group reported an operating profit of 871 million euros ($995.29 million), compared with 805 million euros expected, according to an analyst poll compiled by Lufthansa.

That's up 27% compared with 686 million euros reported in the same quarter last year.

The company said the improved earnings were mainly due to its expanded flight programme in the passenger business, the positive effects from its investment in Italy's ITA Airways and a doubling in the operating result in its logistics segment.

Lufthansa also said demand in the United States remained strong despite the weakness of the U.S. dollar.

Europe's major airlines are cautiously observing for a possible dip in transatlantic travel as European travellers have shied away from booking trips there this year.

A number of U.S. airlines, including Delta, pulled their outlooks this spring on the back of weakening travel demand after U.S. President Donald Trump's administration announced tariffs, denting business and consumer confidence.

European airlines, however have remained more optimistic to date.

($1 = 0.8751 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Equity Indexes Trend Lower in Midday Trading
US Equity Indexes Trend Lower in Midday Trading
Dec 31, 2024
12:19 PM EST, 12/31/2024 (MT Newswires) -- US benchmark stock indexes were declining in midday trading Tuesday, adding to losses from previous sessions. The Nasdaq slipped 0.3% to 19,440, the S&P 500 lost 0.1% to 5,899.8 and the Dow Jones Industrial Average fell less than 0.1% to 42,565. Energy and real estate were the top gainers, with the technology sector...
National Bank on Softchoice's Acquisition by World Wide Technology
National Bank on Softchoice's Acquisition by World Wide Technology
Dec 31, 2024
01:00 PM EST, 12/31/2024 (MT Newswires) -- Tuesday morning before marked opened, Softchoice ( SFTCF ) and World Wide Technology Holding Co. (WWT) said they had entered an arrangement agreement for Softchoice ( SFTCF ) to be acquired by WWT, via an all-cash transaction, at $24.50 per share, valuing Softchoice ( SFTCF ) at an enterprise value of $1.8 billion....
Sangamo Therapeutics Stock Slumps After Pfizer Terminates Hemophilia A Gene Therapy Partnership
Sangamo Therapeutics Stock Slumps After Pfizer Terminates Hemophilia A Gene Therapy Partnership
Dec 31, 2024
12:20 PM EST, 12/31/2024 (MT Newswires) -- Sangamo Therapeutics' ( SGMO ) shares were sinking intraday Tuesday after the company said its partner Pfizer ( PFE ) decided not to proceed with further development of a new gene therapy to treat hemophilia A, a bleeding disorder. The companies developed giroctocogene fitelparvovec as part of their collaboration for the global development...
Tesla Q4 Delivery Preview: Will 2024 Stock Gains Hold As Growth Slows?
Tesla Q4 Delivery Preview: Will 2024 Stock Gains Hold As Growth Slows?
Dec 31, 2024
Tesla Inc ( TSLA ) has been a top performing large-cap stock in 2024 with shares up 70% year-to-date, with a large portion of the gains coming after the 2024 presidential election. The month of January will include fourth-quarter delivery figures and fourth-quarter financial results, putting the stock in the spotlight early in 2025. Tesla Delivery Estimates: All eyes will...
Copyright 2023-2026 - www.financetom.com All Rights Reserved