Deutsche Lufthansa (ETR:LHA) reported net earnings this morning of 529 million euros for the last quarter, a rise of 356 million euros on last year.
The company, which includes airlines such as Swiss, Austrian and Germanwings, attributed the rise to a fall in fuel costs and confirmed its full-year outlook for adjusted pre-tax earnings of over 1.5 billion euros before strike costs. However, the second quarter saw no strikes by Lufthansa’s pilots although a long-running dispute that has led to repeated disruptions.
Lufthansa have signed up to Concur’s TripLink, a product that allows business travellers to book tickets at their discounted corporate rate directly via Lufthansa’s own website.
“If Lufthansa succeeds in providing a seamless booking platform, which not only retains but also helps to expand its customer base, one can expect a very successful outcome from this radical change,” Euromonitor senior travel analyst Nadejda Popova said to Reuters.