Lufthansa lifts profit outlook on strong air travel demand
Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on strong demand for air travel, and said that its earnings performance in October and November exceeded expectations.
The German carrier LHA, +3.61% said it expects to be able to generate adjusted earnings before interest and taxes of around 1.5 billion euros in 2022, up from a previous forecast of more than EUR1 billion. It said that its cargo division Lufthansa Cargo and its maintenance business Lufthansa Technik are expected to achieve record results in the current financial year.
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