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  • 7/28/2019 LH-Investor-Info-2010-07-e.pdf

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    www.lufthansa.com/investor-relations | Email: [email protected] | Tel. +49 69 696 28010 | Fax +49 69 696 90990Seite 1 Lufthansa Investor Info 07/10

    84.7

    67.7

    83.4

    60.8

    Group Seat LF Group Cargo LF

    in%

    2010

    2009

    Group load factors for July 2010 compared with last year

    Sales growth continues at high load factors

    The dynamic recovery in passenger and freight traffic continued in

    July. On a like-for-like basis (i.e. without Austrian Airlines and includ-

    ing bmi restructuring since July) the Passenger Airline Group carried

    5.4 per cent more passengers than in the same month a year ago.

    Sales rose by 4.6 per cent and were well up on last year in all trafficregions. The passenger load factor improved by 1.5 percentage

    points to a very high 84.9 per cent while capacity increased by 2.8

    per cent. Load factors in the long-haul regions America and

    Asia/Pacific reached record levels of nearly 90 per cent. The pricing

    environment remains robust.

    Lufthansa Passenger Airlines reported an increase in the load

    factor of 1.6 percentage points to 84.7 per cent. Capacity was ex-

    tended by 4.6 per cent, while the number of flights was only 2.0 per

    cent higher than last year. This particularly reflects the reorganisation

    of decentral short-haul traffic. Sales increases and high load factors

    were achieved in all traffic regions. In the Americas traffic region the

    passenger load factor stayed at last year's high figure (89.2%; -0.6

    pp), while 5.8 per cent stronger sales in Asia/Pacific drove the loadfactor up by 4.6 percentage points to 89.5 per cent. In the Middle

    East/Africa region, sales grew much faster than capacity at 15.0 per

    cent, taking the passenger load factor up to the 80 per cent mark.

    SWISS expanded sales sharply by 9.7 per cent. The main driver

    behind the increase was again strong growth rates on long-haul

    routes. The passenger load factor rose overall by 0.8 percentage

    points to 87.2 per cent.

    Austrian Airlines saw passenger numbers and sales go up by 13.7

    and 7.4 per cent respectively. The load factor climbed by 3.6 per-

    centage points to 82.7 per cent.

    Figures for bmi document the company's consequent restructuring.

    Capacity was cut by 27.6 per cent compared with the same monthlast year. The passenger load factor remained high at 80.1 per cent

    (-0.5 pp).

    The dynamic recovery of prior months continued in the freight busi-

    ness as well. Sales at Lufthansa Cargo soared by 19.8 per cent,

    while capacity was extended year on year by 10.3 per cent. For the

    first time, this includes the freight business of Austrian Airlines, which

    is presented under Lufthansa Cargo as the integration took place in

    July. The load factor improved overall by 5.6 percentage points to

    70.7 per cent, again higher than before the crisis level.

    Lufthansa generates operating profit of EUR 159 million in Q2

    Lufthansa presented its figures for the first half of 2010 on 29 July.

    The Lufthansa Group closed the first six months with revenue of EUR

    12.6bn (previous year: EUR 10.2bn) and an operating loss of EUR

    171m (previous year: EUR +8m). The net loss for the period im-

    proved to EUR -104m (previous year: EUR -178m). In the second

    quarter, an operating profit of EUR 159m (previous year: EUR 52m)was earned on revenue of EUR 6.9bn (previous year: EUR 5.2bn).The momentum behind the performance of our business has gener-

    ally made Lufthansa even more confident of reaching its profitability

    targets. The Executive Board therefore continues to expect higher

    revenue and is also expecting to increase operating profit in line with

    current market expectations.

    Austrian Lufthansa Cargo GmbH successfully launched

    The integration of the freight capacities of Austrian Airlines and Luf-

    thansa Cargo made a successful start on 1 July, with Austrian Luf-

    thansa Cargo GmbH commencing operations in Vienna. The joint

    company, in which Lufthansa Cargo holds 74 per cent and Austrian

    Airlines 26 per cent, markets both airlines' freight capacities in Aus-

    tria. In all other countries the freight activities have been pooled un-der the roof of Lufthansa Cargo.

    Lufthansa Technik extends its presence in Berlin Schnefeld

    The construction of the large airport in Berlin will lead to a strong rise

    in the local demand for MRO services. Lufthansa Technik is therefore

    extending its presence in Berlin and is to build a new hangar for air-

    craft maintenance at the future Berlin Brandenburg International

    Airport. From 2012, Lufthansa aircraft will be serviced in the new

    hangar with its three bays for short and medium-haul jets. At the

    same time, capacities can be extended for other customers of Luf-

    thansa Technik in Berlin.

    LSG Sky Chefs renews contract with Virgin America

    The Catering segment achieved an important contract renewal inJuly. LSG Sky Chefs and Virgin America agreed to extend their exist-

    ing partnership until 2013.As part of the renewed contract LSG Sky Chefs is to provide various

    services such as catering, menu and catering specifications and

    operational planning at the existing seven locations, with the site in

    Orlando, Florida, being added in August 2010.

    Lufthansa Systems extends customer portfolioWith two contract wins, the IT Services segment again demonstrated

    the attractiveness of its IT solutions independently of the customers'

    business model. In July, Lufthansa Systems won TUIfly Nordic as a

    new customer for its navigation solution Lido/RouteManual. The

    companies signed a five-year contract. In early August, Air China

    Cargo renewed its contract, also for five years. The Beijing-basedcargo airline has been using NetLine/Load solutions from Lufthansa

    Systems since early 2005 to optimise its load-planning processes.

    The next Investor Info with the traffic data for August will be pub-

    lished on 9 September 2010.

    Investor Relations

    Investor Info 07/10 with traffic data for July

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    www.lufthansa.com/investor-relations | Email: [email protected] | Tel. +49 69 696 28010 | Fax +49 69 696 90990Seite 2 Lufthansa Investor Info 07/10

    Traffic figures by airline

    Month Yoy (%) Cumulative Yoy (%)

    Lufthansa Passenger Airlines*

    Passengers in 1,000 5,749 + 10.3 32,939 + 3.2

    Available seat-kilometers (m) 15,168 + 4.6 92,032 + 0.6

    Revenue seat-kilometers (m) 12,854 + 6.8 72,669 + 4.0

    Passenger load-factor (%) 84.7 + 1.6pts. 79.0 + 2.6pts.

    Number of flights 56,502 + 2.0 358,877 - 4.6

    *incl, Lufthansa Regional and Lufthansa Italia

    SWISS

    Passengers in 1,000 1,327 + 5.1 7,971 + 2.5

    Available seat-kilometers (m) 3,200 + 8.6 20,288 + 1.0

    Revenue seat-kilometers (m) 2,791 + 9.7 16,486 + 6.0

    Passenger load-factor (%) 87.2 + 0.8pts. 81.3 + 3.8pts.

    Number of flights 12,434 + 6.1 81,267 + 3.6

    Revenue Cargo tonne-kilometers (m) 115 + 36.3 762 + 25.4

    Cargo load-factor (%) 53.6 + 11.5pts. 56.0 + 13.3pts.

    Austrian Airlines

    Passengers in 1,000 1,143 6,141

    Available seat-kilometers (m) 2,235 13,119

    Revenue seat-kilometers (m) 1,849 9,921

    Passenger load-factor (%) 82.7 75.6Number of flights 13,816 88,194

    Revenue Cargo tonne-kilometers (m) 190

    Cargo load-factor (%) 60.2

    British Midland

    Passengers in 1,000 644 - 24.3 3,590

    Available seat-kilometers (m) 1,056 - 27.6 6,085

    Revenue seat-kilometers (m) 846 - 28.0 4,281

    Passenger load-factor (%) 80.1 - 0.5pts. 70.4

    Number of flights 7,781 - 22.4 48,215

    Revenue Cargo tonne-kilometers (m, until June 2010) 5 - 37.1 41

    Cargo load-factor (%, until June 2010) 41.4 + 7.4pts. 45.7

    Lufthansa Cargo

    Cargo/Mail in 1,000 t 161 + 19.0 991 + 19.5

    Available Cargo tonne-kilometers (m) 1,120 + 10.3 6,884 + 3.5

    Revenue Cargo tonne-kilometers (m) 792 + 19.8 4,961 + 24.1

    Cargo load-factor (%) 70.7 + 5.6pts. 72.1 + 11.9pts.

    Number of flights 1,175 13.0 7,009 - 3.7

    Lufthansa Group**

    Passengers in 1,000 8,863 + 21.0 50,641 + 24.9

    Available seat-kilometers (m) 21,658 + 14.6 131,525 + 16.3

    Revenue seat-kilometers (m) 18,340 + 16.4 103,358 + 19.3

    Passenger load-factor (%) 84.7 + 1.3pts. 78.6 + 2.0pts.

    Cargo/Mail in 1,000 t 180 + 20.1 1,119 + 19.3

    Available Cargo tonne-kilometers (m) 1,346 + 8.7 8,647 + 6.8

    Revenue Cargo tonne-kilometers (m) 911 + 21.0 5,953 + 29.0Cargo load-factor (%) 67.7 + 6.9pts. 68.8 + 11.8pts.

    Number of flights 91,708 + 17.3 583,562 + 23.6

    ** Lufthansa Passage, Lufthansa Cargo, SWISS,from Jul 2009 onwards British Midland,from Sep 2009 onwards Austrian Airlines

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    www.lufthansa.com/investor-relations | Email: [email protected] | Tel. +49 69 696 28010 | Fax +49 69 696 90990Seite 3 Lufthansa Investor Info 07/10

    Traffic figures per region

    Month Yoy (%) Cumulative Yoy (%)

    Lufthansa Group*

    Europe Passengers in 1,000 6,921 + 24.7 39,582 + 27.2

    Available seat-kilometers (m) 7,361 + 28.2 44,234 + 30.2

    Revenue seat-kilometers (m) 5,730 + 31.6 31,016 + 32.3

    Passenger load-factor (%) 77.8 + 2.0pts. 70.1 + 1.1pts.

    Cargo/Mail in 1,000 t 59 + 15.9 358 + 12.1

    Available Cargo tonne-kilometers (m) 91 + 15.2 590 + 13.5

    Revenue Cargo tonne-kilometers (m) 36 + 9.4 234 + 12.9

    Cargo load-factor (%) 39.4 - 2.1pts. 39.7 - 0.2pts.

    America (North and South) Passengers in 1,000 852 + 7.0 4,700 + 8.5

    Available seat-kilometers (m) 6,999 + 8.5 40,934 + 6.0

    Revenue seat-kilometers (m) 6,277 + 7.7 34,745 + 9.0

    Passenger load-factor (%) 89.7 - 0.6pts. 84.9 + 2.3pts.

    Cargo/Mail in 1,000 t 54 + 28.4 332 + 29.4

    Available Cargo tonne-kilometers (m) 549 + 5.3 3,445 + 4.3

    Revenue Cargo tonne-kilometers (m) 375 + 24.6 2,399 + 31.4

    Cargo load-factor (%) 68.3 + 10.6pts. 69.6 + 14.3pts.

    Asia/Pacific Passengers in 1,000 548 + 17.9 3,264 + 13.6

    Available seat-kilometers (m) 4,811 + 13.1 30,141 + 7.8

    Revenue seat-kilometers (m) 4,287 + 18.0 25,490 + 14.9

    Passenger load-factor (%) 89.1 + 3.6pts. 84.6 + 5.3pts.

    Cargo/Mail in 1,000 t 52 + 21.9 321 + 24.7

    Available Cargo tonne-kilometers (m) 559 + 15.8 3,605 + 9.1

    Revenue Cargo tonne-kilometers (m) 418 + 24.1 2,727 + 32.3

    Cargo load-factor (%) 74.8 + 5.0pts. 75.6 + 13.2pts.

    Middle East and Africa Passengers in 1,000 517 + 23.1 2,958 + 41.6

    Available seat-kilometers (m) 2,427 + 11.1 15,865 + 30.1

    Revenue seat-kilometers (m) 2,005 + 17.6 11,857 + 34.0

    Passenger load-factor (%) 82.6 + 4.5pts. 74.7 + 2.1pts.

    Cargo/Mail in 1,000 t 16 + 6.4 108 + 2.8

    Available Cargo tonne-kilometers (m) 147 - 5.3 1,006 + 3.8

    Revenue Cargo tonne-kilometers (m) 82 - 0.1 593 + 13.9

    Cargo load-factor (%) 56.1 + 3.0pts. 58.9 + 5.3pts.

    * Lufthansa Passenger Airlines, Lufthansa Cargo, SWISS, from Jul 2009 onwards British Midland, from Sep 2009 onwards Austrian Airlines

    Lufthansa Passenger Airlines**Europe Passengers in 1,000 4,350 + 12.2 25,036 + 3.0

    Available seat-kilometers (m) 4,453 + 12.2 27,039 + 1.8

    Revenue seat-kilometers (m) 3,425 + 15.5 18,854 + 4.8

    Passenger load-factor (%) 76.9 + 2.2pts. 69.7 + 1.9pts.

    America (North and South) Passengers in 1,000 676 - 0.5 3,715 + 1.9

    Available seat-kilometers (m) 5,616 + 1.0 32,773 + 0.6

    Revenue seat-kilometers (m) 5,010 + 0.4 27,709 + 2.7

    Passenger load-factor (%) 89.2 - 0.6pts. 84.5 + 1.7pts.

    Asia/Pacific Passengers in 1,000 419 + 5.2 2,457 + 1.4

    Available seat-kilometers (m) 3,629 + 0.3 22,494 - 4.4

    Revenue seat-kilometers (m) 3,250 + 5.8 19,045 + 2.4

    Passenger load-factor (%) 89.5 + 4.6pts. 84.7 + 5.7pts.

    Middle East and Africa Passengers in 1,000 297 + 15.6 1,704 + 12.4

    Available seat-kilometers (m) 1,451 + 7.6 9,613 + 9.1

    Revenue seat-kilometers (m) 1,161 + 15.0 6,981 + 10.7

    Passenger load-factor (%) 80.0 + 5.2pts. 72.6 + 1.1pts.**incl. Lufthansa Regional & Lufthansa Italia

    As of 1 January 2010, all traffic data is allocated group-wide to the traffic regions according to IATA definitions. Previous years figures were adjusted.