Lufthansa Group posts nine-month results for January to September 2017

During the none months from January to September 2017, Lufthansa Group has reported adjusted EBIT of €2.6 billion – an increase of €883 million. Revenues increased by €2.9 billion or 12.1% to €26.8 billion. Traffic revenues rose 14.4 per cent to €21,360 million (prior-year period: €18,674 million). Free cash flow improved over 80 per cent to €2.8 billion, while net financial debt reduced more than 80 per cent to €521 million “We achieved another record earnings result in the first nine months of this year,” said Carsten Spohr, Chairman of the Executive Board of Deutsche Lufthansa. “A result that gives