Strong Eurowings result after nine months - Get updated on what's happening in tourism!

The airline Eurowings confirms its success story with a successful summer and autumn season 2024: after nine months, the Eurowings business segment is in the Lufthansa Group's books with a positive result of EUR 152 million (Adjusted EBIT) despite a challenging economic environment. In the same period last year, the business segment, which specializes in affordable business and leisures flights generated a profit of EUR 147 million.

The good result is largely due to the change in strategic direction since the Covid crisis. The accelerated expansion of the tourism business helped the Cologne-based company increase its turnover to 2.2 billion euros. The number of passengers carried rose to over 18 million in the first nine months of 2024. The Lufthansa subsidiary responded to the continuing strong demand for leisure travel in particular by significantly expanding its program. For the first time, more than 150 destinations in 39 countries were on the flight schedule of Germany's largest holiday airline. 

‘This outstanding result is a strong team performance. It deserves all the more respect because we are operating in a market in Germany with rapidly rising infrastructure and location costs, which are making flights increasingly expensive and therefore less profitable on many routes,’ says CEO Jens Bischof. 'At the same time, we are benefiting from the fact that we are increasingly strengthening our position outside Germany and our positioning as a value airline for Europe is becoming more and more visible. The rating agency Skytrax has confirmed that we are on the right track by awarding us the coveted four-star seal. According to Skytrax, the pronounced service awareness of our crews plays a decisive role in this. They are more professional, more experienced and friendlier in their dealings with passengers than their competitors. This appreciation makes us proud and spurs us on.’

Image Credit: © Eurowings