Lufthansa AG - revenue by segment 2023

In the financial year 2023, Lufthansa AG generated the most significant revenue from its passenger airlines operations, amounting to nearly 22.8 billion euros. Meanwhile, MRO (maintenance, repair, and overhaul) had 5.6 billion euros in revenue.

About Lufthansa

Lufthansa is the German flag carrier airline, with several subsidiaries, including Lufthansa German Airlines, Swiss, Austrian Airlines, Brussels Airlines, and Eurowings. The history of Lufthansa dates back to 1926, when Deutsche Luft Hansa was established in Berlin through the merger of Deutscher Aero Lloyd and Junkers Luftverkehr. In the 1990s, Lufthansa went through a period of strategic restructuring. The Lufthansa Group began to specialize in areas such as maintenance, cargo, and information technology. As of 2022, Lufthansa, combined with its subsidiaries, is one of the leading aviation groups in Europe based on passenger traffic.

Road to the zero emissions

Aviation is regarded as one of the most polluting industries globally. Therefore. The reduction of carbon dioxide emissions in the aviation sector has been a significant goal since the signing of the Paris Agreement in 2015. Recently, the Lufthansa Group has been very committed to reducing the emission levels from its operations. The company plans to upgrade their airplane fleet and use sustainable aviation fuel to reach zero emissions by 2050. In 2023, Lufthansa Group produced emissions of 88 grams of carbon dioxide per passenger kilometers, which was the lowest since recent years. In addition, the companies' fleet was 13.4 years old in that year.