Adjusted EBIT in the first quarter (Q1) is minus EUR 1.1 billion, monthly operating cash drain is limited to EUR 235 million
Operating expenses reduced by 51 percent
Cargo business with a record profit in Q1 continues on track for success
Rising demand expected in the second half of the year: largest selection of tourist destinations ever offered at Lufthansa Group Airlines this summer
The global coronavirus (COVID-19) pandemic continued to weigh heavily on the Lufthansa Group's business performance in the first quarter of 2021. Global travel restrictions continued to have a negative impact on demand for air travel and booking behavior.
Carsten
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