It became known that during the meeting with investors, Lufthansa told that it faced considerable risks concerning its earnings targets. The causes of the problem were fresh oil price rises and weak passenger demand. Shares of Lufthansa decreased by 5.5 per cent to close at €10.37. The German carrier is sure that such situation can be explained by a difficult operating environment.
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Tag Archives: airline profits
Airline traffic decreases as fees fatten
It’s a well-known fact that airline traffic has seriously decreased due to the economical recession. But U.S. airlines have found a way to increase their profit margin in spite of this fact – they are making more money by fattening their extra fees.
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RyanAir uncertain future, despite profits
Low-cost airline Ryanair, responsible for PR stunts such as charging passengers to use airplane toilets, announced earlier this summer considerable profits, as opposed to other low-cost carriers that have been hit by recession or went bankrupt. By charging its passengers for extra luggage, airline food or checking in, the Irish airline had an increase of 550% profit in the first quarter, translating into roughly $195 million. This increase is due to cheaper fuel prices and an increase in traffic.
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