German flag carrier Lufthansa reported weak profit in Q3 despite higher revenues from passenger traffic. The company confirmed its forecast for fiscal 2025, aiming for significant earnings growth. CFO Streichert highlighted disciplined capacity growth and the ongoing Turnaround Program. Q4 bookings show a stable demand environment. In Q3, net profit fell 12% to 966 million euros, while revenue grew 4% to 11.20 billion euros. Passenger numbers increased, but RASK for passenger airlines fell 2.2% due to competition. Lufthansa remains optimistic about achieving its 2025 targets.

Read more at NASDAQ.: Lufthansa Group Q3 Profit Down, Despite Higher Passenger Traffic; Confirms FY25 Outllook