None
EN
One Airline Is Carrying the Lufthansa Group – It Isn’t Lufthansa
['Gordon Smith', 'Curated By', 'Airline Reporter', 'Gordon Smith Is Airlines Editor At Skift', 'Editor At Airline Weekly. He S Covered The Industry For More Than Years Across Television', 'Print', 'Digital Platforms. Send Stories Tips Via Signal', 'Arda', 'Skift']
Skift
Swiss International Air Lines made more money in the second quarter than the entire Lufthansa Group division it sits inside.
The Zurich-based carrier delivered adjusted earnings of €174 million ($200m) in the quarter, while the network airlines as a whole — Swiss alongside Lufthansa, Austrian, and Brussels Airlines — managed €137 million ($158m).
Of the brands Lufthansa breaks out, only Austrian made money, and not enough to cover the losses at Lufthansa Airlines and Brussels.
Swiss earned €213 million ($245m) between January and June while the group as a whole lost €229 million ($263m), dragged down by a loss at Lufthansa Airlines of €480 million ($552m).
Better results from maintenance and cargo divisions have historically softened the blow at a group level.