Slight revenue growth of 1.9 per cent

Revenue MRO (bar chart)

Revenue from Group companies grew year on year by a total of 8.7 per cent to EUR 1.8bn, mainly thanks to enhanced modification programmes, such as the installation of the Europa cabin and the new First Class for Lufthansa Passenger Airlines, as well as new contracts with various Group companies. External revenue declined by 2.9 per cent, however, to EUR 2.3bn. Revenue growth in aircraft maintenance was more than offset by lower demand from customers in North Africa, a decline in customer business at some subsidiaries and in engines, and the adverse movement of the US dollar. In total, revenue picked up by 1.9 per cent to EUR 4.1bn. External income accounted for more than 56 per cent of total revenue.

Other operating income went up by EUR 21m to EUR 232m, primarily due to exchange rate movements relating to the reporting date. The MRO segment generated total operating income of EUR 4.3bn (+2.3 per cent).