The total number of passengers was up by 6.0% to 10.63m in the month of November which brought the ytd number to more than 132m, an increase of 10.3%. Lufthansa’s growth rates had been +13% in Q1, +10% in Q2, and +8% in Q3. As the carrier benefited from Air Berlin bankruptcy late last year, we had expected this moderation. In fact, we might be marginally on the optimistic side as our full-year passenger number requires an increase of 7.5% to 10.7m in the month of December.
Network Airlines saw ....
11 Dec 2018
Passenger growth good, but the growth rate continued moderating
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Passenger growth good, but the growth rate continued moderating
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
11 Dec 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
The total number of passengers was up by 6.0% to 10.63m in the month of November which brought the ytd number to more than 132m, an increase of 10.3%. Lufthansa’s growth rates had been +13% in Q1, +10% in Q2, and +8% in Q3. As the carrier benefited from Air Berlin bankruptcy late last year, we had expected this moderation. In fact, we might be marginally on the optimistic side as our full-year passenger number requires an increase of 7.5% to 10.7m in the month of December.
Network Airlines saw ....