Deutsche Lufthansa AG announced on Thursday that its revenue in the fourth quarter of fiscal 2024 was at €9.4 billion, increasing by 7.8% year-on-year, while its full-year revenue increased by 6% from 2023 to reach €37.6 billion, which the company said was its highest revenue ever.
The German aviation group's operating income in the reported quarter stood at €10.4 billion, rising by 7% from the same quarter in 2023. Earnings per share (EPS) skyrocketed by 666.7% to €0.46 per share in the fourth quarter, while they dropped by 17.9% on an annual basis to reach €1.15 per share for the full 2024.
"This year, we expect moderate capacity growth of around 4 percent. This will help to support our revenue growth, secure valuable market shares, stabilize our earnings, and further improve our operations. Nevertheless, current challenges will persist. These include delays in aircraft deliveries and ever-present cost pressures," CFO Till Streichert said.
