Finance
Lufthansa Airlines 'not there yet' on profitability, says CEO
Published by Global Banking & Finance Review®
Posted on January 23, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 23, 2025
1 min readLast updated: January 27, 2026
Lufthansa Airlines is striving for profitability through a restructuring plan, aiming to become Europe's leading premium airline, according to CEO Jens Ritter.
BERLIN (Reuters) - Lufthansa Airlines aims to be profitable again but still has a ways to go despite the initial success of its restructuring plan, CEO Jens Ritter told journalists on Wednesday evening.
Lufthansa wants to be the leading premium airline in Europe "and of course be profitable again", Ritter said.
"Despite many positive developments in recent months, we are not there yet," he added.
The main Lufthansa brand is currently the Lufthansa Group's problem child. A restructuring programme is intended to improve earnings by two-thirds through cost reductions and one third through increased sales.
The airline has defined more than 600 measures in all company divisions to bring it back onto the path to profitability.
(Reporting by Joern Poltz and Ilona Wissenbach, Writing by Miranda Murray, Editing by Rachel More)
The main topic is Lufthansa Airlines' efforts to regain profitability through a restructuring plan.
Lufthansa is implementing over 600 measures focused on cost reductions and increased sales.
The CEO of Lufthansa is Jens Ritter.
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