German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets.
"The continuously strong demand gives us confidence for the coming months," finance chief Remco Steenbergen said today.
Lufthansa said it still expects to post a significant year-on-year improvement in adjusted earnings before interest and tax (EBIT) for the full year 2023.
For the first quarter, it posted an adjusted EBIT loss of €273m, improved from a €577m loss the same time last year and broadly in line with analyst consensus for €279m.
Revenues jumped 40% to €7.02 billion in the three months to March, though the figure fell short of consensus for €7.57 billion.
