The revenue curve at Lufthansa is skyrocketing: domestic German air traffic is again being served regularly because business travelers are also increasingly flying.
Frankfurt - According to CEO Carsten Spohr, Lufthansa is approaching the level from before Corona.
After the number of flight connections at the LH hubs in Munich and Frankfurt had already increased in September, Germany's largest airline is also planning to increase its capacities in October.
Apparently, it is mainly business travelers who increasingly want to board a plane again in view of the easing measures.
"We can now see very clearly that the business travelers are coming back," the CEO told
Reuters
.
Lufthansa increases flight volume - mainly domestic flights affected
If the number of domestic German flights was increased by 30 percent in September, capacities should continue to rise in October, 15 percent are being spoken of.
"In Europe we are already flying 60 percent of our program again," explained the Lufthansa boss.
The increase in the number of flights mainly affects domestic connections on popular routes such as Frankfurt - Hamburg or Frankfurt - Berlin. It is precisely these routes that were targeted by criticism * even before Corona and could deviate from the Lufthansa * flight plans in the medium to long term. Such a development does not seem to be foreseeable (however, an ultra-short route on the LH * has been canceled). Many people would advocate a ban on domestic flights:
After a low in mid-September, the Lufthansa share is also on the right track.
The airlines suffered significant losses due to the restrictions caused by the pandemic.
After the massive economic losses, the tourism sector initially recovered, while business trips were replaced by video conferences and telephone calls.
So now this area also seems to be on the way to well-known patterns.
There are still problems on US routes, which are an important source of income for Lufthansa, business is still on the ground.
Lufthansa subsidiary Eurowings is also growing - and expanding to Sweden
Eurowings had previously stated that the demand for business travel in particular was picking up.
The Lufthansa subsidiary has ambitious plans for this and wants to expand the holiday airline business to the northern hemisphere.
In March 2022, the company is planning a base in Stockholm, Sweden, with an initial five aircraft.
For the expansion into Scandinavia, Eurowings is looking for 150 new crew members who, as part of the expansion of the flight plan, intend to head for up to 20 European travel destinations from the capital.
The Lufthansa subsidiary is clearly targeting the gap left by the troubled operator Norwegian Air Shuttle.
In a statement, the company management indicated that the people there would smell a lucrative business due to the purchasing power and quality awareness of the local population.
"Sweden is a market that fits in perfectly with our focus as a value carrier for Europe," said Eurowings boss Jens Bischof.
In addition to Germany, Eurowings currently has bases in Palma de Mallorca, Prague, Pristina and Salzburg.
(PF) * Merkur.de is part of IPPEN-MEDIA