Lufthansa's Turnaround Plan: 6% Long-Haul Growth and Fleet Expansion

Lufthansa's Long-Haul Growth Strategy

• 🎯 Lufthansa is projecting 6% supply growth for its long-haul passenger flights in 2026, as outlined by CEO Carsten Spohr.
• ✈️ This growth is supported by the expected delivery of a new widebody plane every other week, bolstering the long-haul business.
• 📈 The airline aims to increase profit margin growth to 8% to 10% between 2028 and 2030 through transformative measures.

Shifting Sales and Market Focus

• 🇺🇸 Lufthansa has successfully shifted its point of sales, with almost 60% now coming from the US compared to 40% from Europe.
• 🌍 This shift highlights the strength of the US market and the demand for flying with European airlines.

Fleet Availability and Route Planning

• ⚠️ The airline's overall system growth is currently limited to 3% to 4% due to delayed airplane deliveries, particularly from Boeing and Airbus.
• 🔧 Spohr mentioned the long wait for the Boeing 777X, with deliveries anticipated this winter.
• 🗺️ New routes are potentially planned for launch in 2027, leveraging additional capacity from future plane deliveries.

Short-Haul Routes and Pre-Pandemic Capacity

• 📉 Capacity growth on shorter-haul routes will be more limited, with a focus on seeking efficiencies instead.
• 🇩🇪 Lufthansa has reduced domestic flights in Germany due to higher taxes and fees, impacting its short-haul offerings.
• 📊 With its new growth targets, Lufthansa aims to achieve about 98% of its pre-pandemic supply capacity, while competitors like Air France and IAG have already surpassed theirs.