Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
The Net Profit Of Lufthansa/Qantas Group In 2011  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9168 posts, RR: 15
Posted (2 years 4 months 1 week 2 days 20 hours ago) and read 3155 times:

How much did they make in 2011? I mean net profit.

Will they post a profit in 2012? Hope so

6 replies: All unread, jump to last
 
User currently offlinePezySPU From Croatia, joined Dec 2011, 283 posts, RR: 0
Reply 1, posted (2 years 4 months 1 week 2 days 19 hours ago) and read 3023 times:

Qantas Group made $249m in FY11 ended 30JUN11, I don't expect this to change drastically this year.

Lufthansa Group, on the other hand, made a small $17m net loss, largely attributable to BD. Since they now got rid of it and are initiating restructuring, I would be surprised it they wouldn't post profits for this year.


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9168 posts, RR: 15
Reply 2, posted (2 years 4 months 1 week 2 days 19 hours ago) and read 2887 times:

I wonder why people say they are in trouble. Geeeeeeeeeeez they are doing well!

User currently offlineSunfly From UK - Wales, joined Apr 2012, 10 posts, RR: 0
Reply 3, posted (2 years 4 months 1 week 2 days 16 hours ago) and read 2602 times:

Lufthansa expect to make a mid three figure profit this year. (I'd imagine between 300 and 600 million euros)

'In 2011, the Lufthansa Group’s revenue totalled EUR 28.7bn – an increase of 8.6 per cent on the previous year. Traffic revenue improved by 10.8 per cent to EUR 23.8bn. Overall, the Group’s operating income went up to EUR 31.2bn in the reporting period, an increase of 6.7 per cent.

Operating expenses rose by 9.3 per cent in 2011 to EUR 30.4bn. One of the main reasons was the EUR 1.3bn rise in fuel costs, which came to EUR 6.3bn in total. This represents a price and volume-driven increase of 26.4 per cent. This figure already includes a positive hedging result of EUR 694m. Fees and charges were up 15.8 per cent on 2010.

The Lufthansa Group generated an operating profit of EUR 820m in 2011, down by EUR 200m in comparison with the previous year. Altogether the net result for the period was EUR -13m. One year earlier, the Group posted a figure of EUR 1.1bn. The net loss includes a negative valuation effect from changes in the time values of hedging transactions in line with IAS 39 and the result of discontinued operations containing bmi. Earnings per share consequently came to EUR -0.03.

Lufthansa invested EUR 2.6bn in the reporting period. Of this sum, EUR 2bn went on expanding and modernising the fleet. Cash flow from operating activities came to EUR 2.4bn and free cash flow (cash flow from operating activities less net capital expenditure) to EUR 713m. At the end of 2011, the Group had net debt of EUR 2.3bn. Its equity ratio was 28.6 per cent.'

http://presse.lufthansa.com/en/news-...ve/2012/march/15/article/2101.html


User currently offlineUALWN From Andorra, joined Jun 2009, 2762 posts, RR: 2
Reply 4, posted (2 years 4 months 1 week 2 days 14 hours ago) and read 2455 times:

Quoting Sunfly (Reply 3):

Summarizing (in €m):
===========================
* LH passenger: +168
* LX: +259
* OS: -62
* Germanwings: -52
* bmi: -???
* LH cargo: +249
* LH Technik: +257
* LH Systems: +19
* LSG Sky Chefs: +85
===========================
* Operating result for LH group: +820
===========================
* Net result for LH group: -13 (including -285 due to bmi operations and costs related to its disposal)
===========================


All in all, "LH is in trouble" might be a little bit of an exaggeration...



AT7/111/146/Avro/CRJ/CR9/EMB/ERJ/E75/F50/100/L15/DC9/D10/M8X/717/727/737/747/757/767/777/AB6/310/319/320/321/330/340/380
User currently offline4tet From Spain, joined Sep 2007, 114 posts, RR: 0
Reply 5, posted (2 years 4 months 1 week 2 days 14 hours ago) and read 2404 times:

I think almost any company would like to have the figures that LH has...

Having said so, what is happening with the rumour to not having new planes until 2014?


User currently offlinetullamarine From Australia, joined Aug 1999, 1557 posts, RR: 0
Reply 6, posted (2 years 4 months 1 week 2 days 6 hours ago) and read 2081 times:

Qantas is reporting a profit but is one of the poorest performing stocks onthe Australian Stock Exchange having lost over 60% of its value since the failed private equity bid in 2006.

Whilst it is making a small profit relative to its revenues analysts are unimpressed with the stock for a number of reasons:
- Underperforming international business that was previously the backbone of the business and is now perceived as being without a cogent strategy.

- No dividend paid to shareholders for a number of years. Dividend streams are very important in Australia due to favourable tax treatment due to franking.

- Significant capital expenditure required in future years that was originally forecast to be funded from profits. This will now need to be debt funded as capital funding is untenable given the dire share price.

- Domestic business is under attack from a revitalised Virgin Australia led by John Borghetti who many thought should have got the CEO role at QF when Geoff Dixon retired.

- Industrial relations issues are ongoing

- Most profitable part of the business is the Frequent Flyer Program. Many believe the company (and its shareholders) would be better off if this was spun off to unlock the value.



717,721/2,732/3/4/5/7/8/9,742/3/4,752/3,762/3,772,W,A310,320,321,332,333,388,DC9,DC10,F28,F100,142,143,E90,CR2,D82/3/4,S
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
MEA Reports Net Profit Of $30 Million In 2004 posted Tue Feb 15 2005 07:32:35 by EurostarVA
US Air 2nd Qtr Results: Net Profit Of $58 Mill. posted Thu Jul 23 2009 06:09:57 by IliriBDL
Ryanair Half-year Net Profit Of 237m Euros posted Mon Nov 7 2005 17:28:55 by Pe@rson
Southwest Reports 2Q Net Profit Of $159 Million posted Thu Jul 14 2005 18:46:56 by ScottB
Pix Of Lufthansa 340 Landing In SXM - Why? posted Mon Apr 19 2004 12:38:58 by Mozart
Cathay Pacific Announces Net Profit Of US$84.2 Mil posted Wed Mar 6 2002 06:07:46 by Tesna
What Is The Best Airlines Of Star Alliance Group? posted Wed Feb 28 2001 21:05:08 by Siriwatthana
Results Of The A.net Meeting In CCS posted Mon Oct 9 2006 05:22:29 by BA747
Air Berlin - 2011 Net Loss Of €271.8m posted Fri Mar 16 2012 10:47:25 by LHRFlyer
Qantas The " Corporate Sook" Of Australia posted Tue Mar 13 2012 20:14:22 by sparklehorse12