Lufthansa Group airlines post half year growth

Lufthansa Group has increased its total first half-year revenues by 5.2% in 2018, excluding the impact of the first-time application of the IFRS 15 accounting standard. The group reported total first half-year revenues of €16.9 billion, which is broadly in line with the prior-year level. Traffic revenue for the first six months totaled €13.2 billion, which, excluding the first-time impact of IFRS 15, represents an increase of 7.0%. Adjusted EBIT – the key profit metric of Lufthansa Group – was roughly at its prior-year level at €1,008 million. Adjusted EBIT margin amounted to 6.0% (compared to 6.1% in the first