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Lufthansa AG - revenue 2004-2019

In the fiscal year of 2019, Lufthansa's revenue amounted to around 36.4 billion euros (or approximately 40.8 billion U.S. dollars).

A brief overview of Lufthansa AG

Lufthansa AG was founded in 1953 as the flag carrier airline in Germany. After privatizing the airline in 1989, Lufthansa AG started to expand its activities progressively becoming one of the largest air transportation services provider globally. The airline group employed over 138,000 people globally as of December 31, 2019. When it comes to operating indicators, the group demonstrated a remarkable performance. In 2019, Lufthansa Group transported over 145 million passengers, up from 71 million passengers in 2008. In that same year, the company generated over 36.4 billion euros, up from 17 billion euros in 2004. On the other hand, the operating profit of Lufthansa Group increased at a more rapid pace, up from 0.4 billion euros in 2004 to 1.7 billion euros in 2019.

Disaggregated activities of Lufthansa AG

The Lufthansa Group owns Lufthansa German Airlines, Eurowings, SWISS, Austrian Airlines and Lufthansa Cargo with a total group fleet consisting of 763 aircraft as of 2019. In the financial year of 2019, the airline Eurowings had roughly 38.3 million passengers. Subsequently, Eurowings was the seventh leading low-cost carrier worldwide as of 2018. Yet, the Lufthansa Group’s services are not only restricted to the transportation of passenger and goods. It also provides essential aircraft maintenance services through Lufthansa Technik. Major activities of Lufthansa Technick are comprised of maintenance, repair and overhaul (MRO). In 2019, Lufthansa Technik’s revenue from MRO activities was over 6.9 billion euros. Since 2007, the Lufthansa Technik’s revenue doubled, demonstrating the high profitability portfolio of MRO activities. Thus, Lufthansa Technik’s services strengthened overall Lufthansa Group’s economic portfolio as well.

Revenue of Lufthansa AG from FY 2004 to FY 2019

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Source

Release date

March 2020

Region

Worldwide

Survey time period

FY 2004 to FY 2019

Special properties

fiscal year ends December 31

Supplementary notes

One euro is approximately equal to 1.1213 U.S. dollars (correct as of December 31, 2019).
The 2004 to 2009 figures were taken from a previous annual report.

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Statistics on "Lufthansa "

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