Lufthansa and all airlines serv ing MUC (Munich) have been impacted by heavy snowstorm.
All flights are cancelled at MUC until tomorrow morning at 0600.
Lufthansa and all airlines serv ing MUC (Munich) have been impacted by heavy snowstorm.
All flights are cancelled at MUC until tomorrow morning at 0600.
Lufthansa made this announcement:
Lufthansa guests will experience a new cabin interior on short- and medium-haul routes in the future. It offers significantly more comfort and premium.
Starting in spring 2025, the company will successively equip 38 Airbus A320s already flying for Lufthansa with the new innovative cabin.
More space for carry-on luggage: Large overhead bins can hold up to twice as many carry-on suitcases or bags as the current “bins”, because the items of luggage can now be stowed vertically and much more quickly and conveniently in the compartments, which are 40 percent larger.
USB port: Lufthansa installs a dedicated USB port in each seat, which can be used to charge mobile devices.
Tablet/smartphone holder: For the first time, Lufthansa is equipping all seats with a special holder for tablets and smartphones. Guests can thus watch movies and series much more comfortably on their own devices without having to hold the devices in their hands or put them down on the folding table.
More legroom: The new seats from the Italian manufacturer Geven also offer more legroom with the same seat spacing thanks to the ergonomic shaping of the backrests.
One day before the start of the Munich Oktoberfest, it’s “take-off” time again for Lufthansa Trachtencrews. Today, they will fly from Munich to Mexico City, followed on September 24 by the traditional “Dirndl Flight” to Washington, D.C. Instead of the classic Lufthansa uniform, the female flight attendants wear dirndls, while the men wear lederhosen.
It is traditional for many years for Lufthansa cabin crew to wear dirndl and lederhosen on selected flights from Munich to German, European and intercontinental destination during the Oktoberfest. This also includes Lufthansa ground staff in Terminal 2’s passenger service department.
The renowned Lufthansa dirndl is again designed by the Munich costume design specialists, Angermaier. As in prior years, the collection is certified according to “STANDARD 100 by OEKO-TEX”. All materials were made sustainably. All material was produced in Europe and includes cloth woven exclusively in Austria.
Above the clouds, it’s Oktoberfest time, too. Lufthansa is serving Bavarian specialties in First and Business Class until the end of September. In Terminal lounges it’s Oktoberfest, too where traditional Bavarian delicacies will also be served.
Lufthansa Airlines is expanding its service from Frankfurt and Munich to the U.S. in summer 2024 with three new connections. Starting next summer, Lufthansa will offer a total of 27 USA destinations, decidedly more than before Corona. Minneapolis/St. Paul, Minnesota, and Raleigh-Durham International Airport in North Carolina are two new destinations starting from Frankfurt. From Munich, Lufthansa will also fly for the first time to Seattle/Tacoma. And, in summer 2024 also from Munich for the first time, Johannesburg and Hong Kong.
News in detail from Frankfurt
Starting on June 4, 2024, Lufthansa Airlines will fly five times weekly throughout the year to the Midwest gateway city Minneapolis/St. Paul.
The MSP route will be operated with Boeing 787-9 Dreamliner.
Located on the Mississippi river, it is an ideal starting point for exploring the state of Minnesota where, urban sophistication meets exciting outdoor adventures. In numerous national parks, and a chance to admire the spectacular northern lights.
For the first time, Lufthansa will add Raleigh-Durham, to its flight schedule. It is the airline’s the second destination in North Carolina after Charlotte. Starting June 6, 2024, Lufthansa will fly also fly five times a week throughout the year to this city that is particularly interesting for business travelers. Numerous German companies have branches in the Raleigh-Durham area, and employees will now have an optimal connection to Germany and Lufthansa’s global network for the first time.
Hyderabad, India already is a Lufthansa destination this winter and will continue to be served in the 2024 summer flight schedule with five weekly flights.
News in detail from Munich
Next summer, Lufthansa guests will be able to choose from more exciting destinations from Munich to three continents. The Airbus A350, one of the most sustainable long-haul aircraft in the Lufthansa fleet, will fly for example for the first to Seattle from Munich daily for the first time on May 30, 2024 . The Munich flight complements existing daily flights to Seattle from Lufthansa’s Frankfurt hub, thus offering additional travel options to the. state of Washington. In short, Lufthansa is doubling flight frequencies to Seattle.
With the pandemic being over, Hong Kong is also open again to travel. In the upcoming summer flight schedule, Lufthansa will be flying to the Asian hub several times a week. Also returning as a destination is Johannesburg, which was last a scheduled flight from Munich in 2005. On June 3, 2024, an Airbus A350 will fly three times a weekly to South Africa. Bangalore, India, with flights already offered this winter that will continue through summer 2024 with up to six weekly flights.
New A380 destinations
This will delight fans of the world’s largest passenger aircraft: Lufthansa is doubling its number of A380 destinations next summer. From Munich, passengers will experience the Airbus A380 on five routes at once. Boston, Los Angeles and New York (JFK) are back. Two new capitals will be added for the first time: Washington, D.C. and Delhi. In total, Lufthansa will station a total of six “big bird” Airbus A380s in Munich next summer, by 2025 the A380 fleet will grow to eight aircraft.
Lufthansa has announced it will reactivate two additional Airbus A380s in 2024 and 2025 for a total of eight A380s in service from the Munich (MUC) hub.
Lufthansa Group released this statement:
“Thanks to the great efforts of our employees, we were able to avoid a situation like last summer and once again offer our customers a more stable operation. Whether on the ground, in the cockpit, in the cabin or in our maintenance hangars, it was our employees worldwide who made reliable flight operations and the financially best second quarter in our history possible. Thus, our clear focus on stability has proven to be the right choice for our customers, our employees and our shareholders. Besides that, we have sharpened our strategic focus with agreements on the sale of LSG Group and AirPlus as well as the agreement to acquire ITA.Our outlook indicates a continued positive development for customers, employees and shareholders: The specified profit forecast clearly shows that we are well on track to achieve the capital market targets we have set ourselves for the medium term. This enables us to make the planned investments in premium quality for our customers. The simultaneous continuation of our recruitment campaign with more than 1,000 new hires per month also creates new prospects for our employees. And last but not least, there is a special outlook for our Lufthansa long-haul fleet. Two more A380s will return to scheduled service this year, with more to follow along with new Boeing 787s and Airbus A350s in the coming year, into which we look with great optimism.”
At 9.4 billion euros, Group revenues in the second quarter exceeded the previous year’s value by about 17 percent (previous year: 8.0 billion euros). The operating result (Adjusted EBIT) increased to 1.1 billion euros and thus almost tripled (previous year: 392 million euros). This corresponds to an operating margin of 11.6 percent and is a new record for a second quarter result at the Lufthansa Group. Net income also marked a new high of 881 million euros (previous year: 259 million euros).For the first half of 2023, the Group posted an Adjusted EBIT of 812 million euros (previous year: -185 million euros) – an improvement of almost 1 billion euros. The Adjusted EBIT margin rose to 4.9 percent in the first half-year (previous year: -1.4 percent). Revenues in the first half of 2023 were 16.4 billion euros (previous year: 13.0 billion euros).
The high global demand for air travel has led to a significant increase in passenger numbers at the Group’s Passenger Airlines. Between January and June, the airlines welcomed more than 55 million travellers on board, an increase of 30 percent compared with the same period in 2022 (previous year: 42.4 million). In the second quarter alone, 33.3 million passengers flew with the Group’s airlines (previous year: 29.2 million). This corresponds to 84 percent of the 2019 level.The passenger airlines in the Lufthansa Group steadily expanded the capacity on offer in the course of the first half-year. For the first six months it was 19 percent above the same period last year, but still 21 percent below pre-crisis levels. For the second quarter alone capacity on offer was at 83 percent of the pre-crisis year 2019. Capacity was also planned conservatively due to bottlenecks, particularly with handling service providers and air traffic control.In the second quarter, the clear focus was again on ensuring stable flight operations. This strategy was successful. Punctuality improved to 70 percent in the first six months.The persistently high demand, especially in the premium classes, coupled with restricted capacity led to a 13 percent increase in yields for the passenger airlines compared with the previous year. At a seat load factor of 83 percent, the Lufthansa Group’s flights were as busy in the second quarter as they were before the Corona pandemic (2019: 83 percent).Group airline expenses increased due to the high level of cost inflation across the industry, particularly for air traffic control and airport charges and the cost for maintenance and spare parts. In addition, one-time cost associated with the strong expansion of flight operations and extensive measures to support operational stability had a negative impact on passenger airline costs. Compared with the previous year, unit costs consequently increased by 7 percent.Overall, the Adjusted EBIT of the Passenger Airlines improved by around 1 billion euros to 965 million euros in the second quarter of this year (previous year: -86 million euros). All airlines in the segment achieved a positive result. Looking at the first six months, Adjusted EBIT even rose by almost 1.7 billion euros to 453 million euros (previous year: -1.2 billion euros).
The normalization of rates in the global airfreight market continued as expected in the second quarter of the year. Despite lower demand, however, Lufthansa Cargo’s average yields remained a good 40 percent above the pre-crisis level of 2019, meaning that Lufthansa Cargo again outperformed the market as a whole in the second quarter. Freight capacity in the second quarter was six percent up on the previous year, mainly due to the recovery in passenger flight operations and the associated expansion of belly capacities.Lufthansa Cargo thus gained market share in the second quarter. As a result of the market-wide developments, Lufthansa Cargo’s Adjusted EBIT decreased to 37 million euros (previous year: 482 million euros) but still remained significantly above the result achieved in 2019. In the first half-year, Adjusted EBIT came to 188 million euros (previous year: 977 million euros).Lufthansa Technik continued to report a very positive business performance in the second quarter of 2023. The MRO segment benefited from the persistently high demand for air travel across the market, which was accompanied by a further increase in demand from airline customers for maintenance and repair services.Lufthansa Technik generated an Adjusted EBIT of 156 million euros in the second quarter, an increase of 39 percent on 2022 and also a record for a second quarter (previous year: 112 million euros). For the first half-year, the company generated Adjusted EBIT of 291 million euros, 21 percent more than last year (previous year: 241 million euros).
Due to the strong operating result and high bookings, the Lufthansa Group generated an operating cash flow of 3.1 billion euros in the first half-year. After deducting net capital expenditure, which mainly related to the Group’s investments in its future fleet of new-generation aircraft, an Adjusted free cash flow of 1.1 billion euros was generated.Net debt decreased to 5.9 billion euros as of 30 June 2023 (31 December 2022: 6.9 billion euros) and was thus below the pre-crisis level from 2019. The Group’s net pension liabilities increased to 2.3 billion euros (31 December 2022: 2.0 billion euros) due to a slight decrease in long-term interest rates. Equity was 8.1 billion euros (31 December 2022: 8.5 billion euros).At the end of June 2023, the company had access liquidity totaling 10.8 billion euros at its disposal (31 December 2022: 10.4 billion euros). This puts liquidity further above the target corridor of 8 to 10 billion euros.
In the second quarter of the financial year 2023, the Lufthansa Group continued its transformation into an Airline Group. Three significant transactions were carried out within just three months between April and June.In April the sale of the LSG group’s remaining international catering business to the private equity company AURELIUS was announced. The sale of the payment services provider AirPlus to SEB Kort, which was announced in June, also marks an important step in the Lufthansa Group’s focus on its core business.In addition to the sales of the two aforementioned parts of the company, the acquisition of a minority share of 41 percent in the Italian airline ITA Airways was agreed in May. The contract stipulates that Lufthansa can also take over the remaining shares in ITA at a later date.The acquisition of the minority stake in ITA Airways is subject to approval by the relevant authorities, which is expected by the end of the year.
“I am proud that all passenger airlines were able to generate a strong operating result and that we achieved a record result in the second quarter. Lufthansa Group has shown over the past few years that it delivers on its promises. This also applies to the development of our portfolio, where we have made significant progress in our transformation into an Airline Group. In the coming months we will continue to work on getting as close as possible to our 2024 targets already in the current year.”
In the first half of 2023, the Lufthansa Group continued to focus on ensuring a stable flight schedule. In order to create the necessary capacities, around 9,000 new employees were hired year-to-date – more than 1,000 per month. The new hires mainly relate to the Group’s operating units.
The Lufthansa Group takes its responsibility for effective climate protection seriously and has set itself ambitious goals. The company aims to become carbon neutral (“net zero carbon emissions”) by 2050. Already by 2030, the Lufthansa Group aims to halve its net CO₂ emissions compared to 2019 by means of reduction and compensation measures.Modern, fuel-efficient, and lower-emission aircraft are the greatest lever for more sustainability. That is why the Group invests more than two billion euros every year in around 200 new generation aircraft such as the Airbus A350, the Boeing 787, the Boeing 777-9 or aircraft from the Airbus A320neo family, which are to be delivered by 2030. Sustainable aviation fuels (SAF) are a key technological innovation for more sustainable flying. The Lufthansa Group is already one of the world’s five largest SAF customers. Based on existing agreements with various manufacturers and depending on customer demand, the Lufthansa Group could use up to one million tons of SAFs in 2030.Since February, the Lufthansa Group has been the world’s first airline group to offer its customers a separate flight tariff that already includes compensation for flight-related CO₂ emissions, the so-called Green Fares. SAF offsets 20 percent of emissions, while 80 percent are compensated through high-quality, long-term climate protection projects. Up until now, more than 265,000 customers have booked Green Fares.
The Lufthansa Group expects demand for flight tickets to remain high for the rest of the year – people’s desire to travel continues unabated. Currently, bookings for the months August to December 2023 are on average more than 90 percent of the booking volume of the pre-crisis level.The company is therefore continuing its capacity expansion and plans to offer around 88 percent of pre-crisis capacity in the third quarter of the year. Due to the continued high demand for air travel and supported by industry-wide supply constraints, the company expects a further slight increase in yields compared to the record level of the previous year. Adjusted EBIT in the third quarter is thus expected to exceed the pre-crisis level of 1.3 billion euros in 2019.The Lufthansa Group expects demand to remain high for the rest of the year especially in the premium classes, mainly driven by private travelers. Demand for business travel is also increasing and the Lufthansa Group expects it to recover to up to 70 percent of pre-crisis levels by the end of the year. Due to the persisting bottlenecks in the European air traffic system, however, the capacity offered by Lufthansa Group airlines will be at the lower end of the previous expectation range, that is around 85 percent.Due to the strong outlook for the second half of the year, the Group has specified its outlook for the full year 2023 and now expects to achieve an Adjusted EBIT of more than 2.6 billion euros (previously: significant increase compared to the previous year’s value of 1.5 billion euros). The result is thus expected to be one of the three best in the history of the Lufthansa Group. According to the company’s assessment, this specified forecast is in line with current market expectations.Accordingly, 2023 is expected to form an important step towards achieving the financial targets the company has set itself for 2024. According to these targets, the Lufthansa Group expects to achieve an Adjusted EBIT margin of at least 8 per cent and an Adjusted Return on Capital Employed (Adjusted ROCE) of over 10 percent.
Top Copyright Photo: Lufthansa Airbus A320-214 WL D-AIUJ (msn 6301) ZRH (Rolf Wallner). Image: 961110.
Lufthansa aircraft photo gallery:
Lufthansa’s in-flight service is being expanded and will offer more choice, entertainment and sustainability in the future. Starting in mid-August, Business Class passengers on long-haul flights from Germany will be able to choose from a wider selection of main dishes as early as one month and up to 24 hours before departure. A total of six different regional and seasonal menus will be available for pre-selection. This makes for a relaxed flight and at the same time helps optimize food use and further reduce waste.
As early as August 1, 2023, Lufthansa will be offering an expanded range of hot beverages in its Onboard Delights Service on European flights. A new, sustainable reusable cup made of recyclable plastic will be used, replacing the previous disposable cup with a plastic lid. In addition to high-quality, instant coffee specialties such as latte macchiato, three tea variants and hot chocolate will also be available for purchase in the new cup going forward. The passenger airlines of the Lufthansa Group have set themselves the goal of completely eliminating single-use plastic and single-use aluminum on board by 2025.
Another new feature on board Lufthansa long-haul flights is an expanded entertainment offering for kids and teens. In the future, the airline’s “e-journals” media library will offer young passengers an expanded age-appropriate reading selection in the Children’s Media Box. It includes a wide range of journals and magazines in various languages that can be downloaded free of charge. Coloring pages are also available for the youngest passengers to help time waiting at the gate and their stay on board fly by. The new children’s podcasts, which are now available free of charge in the FlyNet portal on short- and medium-haul flights, also contribute to this. The in-flight entertainment program for children has also been expanded for the summer months. More than 50 films and TV programs, as well as many audio programs, are available for young passengers on long-haul flights. Especially during the vacation season, children’s TV programs and audio books can be accessed free of charge via QR codes at the Lufthansa gates and playgrounds in Terminal 2 in Munich and Terminal 1 in Frankfurt.
In other news, Lufthansa has announced a series of special flights to Munich from London Stansted for the annual Oktoberfest.The airline is offering 11 flights for travellers from the region looking to experience the world-famous German beer festival.Flights are scheduled to run from September 15 until October 1 and those booking early can take advantage of fares as low as £124 return.The outbound service from London Stansted will depart at 7.55pm and arrive in Munich at 10.45pm.
Over six million people attend Oktoberfest every year, making it the world’s largest public festival. It has been held since 1810 and starts with the ceremonial opening of beer tapping and traditional costume parade.This year’s festival runs from September 16 to October 3 and offers visitors a chance to experience local Bavarian culture, enjoy traditional foods, listen to live music, and, of course, sample the region’s famous beers.
Lufthansa will add the Frankfurt – Hyderabad, India.
The new route will be operated three days a week with Boeing 787-9 Dreamliners.
Lufthansa flies nonstop for the first time this winter from Munich Airport to Oulu, one of the northernmost cities in the world.
Finland’s second-largest city will be on the flight schedule twice a week from December 16, adding to four other Lufthansa destinations in Finland.
Deutsche Lufthansa AG is aiming to acquire a stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo S.p.A.). The plan is to agree on the initial acquisition of a minority stake as well as on options to purchase the remaining shares at a later date. Today, the company submitted an offer to the Italian Ministry of Economy and Finance (Ministero dell’economia e delle finanze) to conclude a Memorandum of Understanding (MoU) in this respect. Contingent on both parties signing this MoU, further negotiations and discussions would be conducted on an exclusive basis.
These talks would primarily focus on the form of a possible equity investment, the commercial and operational integration of ITA into the Lufthansa Airline Group, as well as resulting synergies. In case of a binding agreement is reached, its implementation would be subject to approval by the relevant authorities.
For Lufthansa Group, Italy is the most important market outside of its home markets and the US. Italy’s importance for both business and private travel lies in its strong export-oriented economy and status as one of Europe’s top vacation spots.
Top Copyright Photo: ITA Airways Airbus A350-941 EI-IFF (msn 283) LAX (Michael B. Ing). Image: 959390.
ITA Airways aircraft photo gallery: