Deutsche Lufthansa AG — Earnings Release 2009

Apr 29, 2009

News Details

Ad-hoc | 29 April 2009 17:12

Deutsche Lufthansa AG: Lufthansa reports operating loss of EUR 44m in first quarter 2009. Executive Board confirms outlook.

Deutsche Lufthansa AG / Quarter Results

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Lufthansa reports operating loss of EUR 44m in first quarter 2009.
Executive Board confirms outlook.

In a recessionary economic environment the Lufthansa Group generated
revenue of EUR 5.0bn (previous year: EUR 5.6bn) in the first quarter 2009.
The operating result of EUR -44m (previous year: EUR 172m) stems from a
weak demand for passenger and freight flights, but also from the lower
price of fuel and from one-off effects. The net loss for the period was EUR
-256m (previous year: EUR 44m). Last year's figures have been restated in
line with valuation changes under IFRIC 13 (Customer Loyalty Programmes).

In the absence of signs that demand will recover in the short term, a
decline in revenue is also expected for the full year, which will be
accompanied by a considerable reduction in the operating result. The
Executive Board nevertheless still expects to earn a clearly positive
operating result even in this environment.

The interim report for the first quarter 2009 will be published on 30 April
2009. The information will be available on the internet from 8:00 CET 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

29.04.2009 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),
Hannover, Düsseldorf, Hamburg, München, Stuttgart;
Terminbörse EUREX

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