Deutsche Lufthansa AG — Earnings Release 2009

Jul 29, 2009

News Details

Ad-hoc | 29 July 2009 17:28

Deutsche Lufthansa AG: For the first half-year of 2009 Lufthansa reports a decrease in revenue of 15 per cent and an operating result of EUR 8m.

Deutsche Lufthansa AG / Half Year Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

For the first half-year of 2009 Lufthansa reports a decrease in revenue of
15 per cent and an operating result of EUR 8m.

In the first half-year of 2009 the Lufthansa Group suffered a sharp
decrease in revenue to EUR 10.2m (previous year: EUR 12.1m) and generated
an operating profit of EUR 8m (previous year: EUR 677m). The persistent
economic crisis and its effects on demand, particularly in the premium
segment, placed a considerable burden on the result. The net loss for the
period was therefore EUR 216m (previous year: net profit of EUR 381m). Last
year's figures have been adjusted to account for valuation changes under
IFRIC 13.

Efforts to safeguard earnings have been enforced in all business segments.
Lufthansa Passenger Airlines has launched the programme CLIMB 2011 in order
to lower the cost base sustainably by EUR 1bn by the end of 2011. The
Group's efforts remain directed at generating an operating profit for the
full year 2009. However, there are considerable risks to the achievement of
this goal from future developments in demand and fuel prices. It also
depends on the additional measures being successfully implemented in the
near future.

Further details and the complete interim report for the first half-year
2009 will be published by Lufthansa on 30 July 2009. The information will
be available on the internet from 8:00 CEST at
www.lufthansa.com/investor-relations.

Deutsche Lufthansa AG
Frank Hülsmann
Phone: +49 (0) 69-696-28001
Fax.: +49 (0) 69 696 90990
investor.relations@dlh.de

29.07.2009 Financial News transmitted by DGAP

Language: English
Issuer: Deutsche Lufthansa AG
Von-Gablenz-Str. 2-6
50679 Köln
Deutschland
Phone: +49 (0)69 696 28002
Fax: +49 (0)69 696 90990
E-mail: investor.relations@dlh.de
Internet: www.lufthansa.com/investor-relations
ISIN: DE0008232125, DE0008232125
WKN: 823212
Indices: DAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, Hannover, München, Hamburg, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service

---