The passenger number of Network increased by 4.0% in both the last month (to 10.6m) and ytd (to 61.5m). The growth rate was also unchanged at Eurowings, but it was only a fraction (+1.5% to 3.96m and 22.0m, respectively) of the former. In fact, management’s new strategy is to limit Eurowings’ growth, in particular on long distances.
13 Aug 2019
Stable growth of the passenger number in July
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Stable growth of the passenger number in July
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
13 Aug 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
The passenger number of Network increased by 4.0% in both the last month (to 10.6m) and ytd (to 61.5m). The growth rate was also unchanged at Eurowings, but it was only a fraction (+1.5% to 3.96m and 22.0m, respectively) of the former. In fact, management’s new strategy is to limit Eurowings’ growth, in particular on long distances.