By Ilona Wissenbach and Joanna Plucinska

FRANKFURT (Reuters) -Lufthansa group is making progress with its turnaround plan, though 2025 and 2026 will be transitional years as it works to stem spiralling costs, Chief Executive Carsten Spohr told reporters in Frankfurt.

The airline group issued two profit warnings in 2024 as its core airline struggled with spiralling costs and labour disruptions while its more successful Eurowings continues to grow.

“One thing is clear: the resulting performance has not been good in recent years. That’s why it was absolutely clear to us that this year would remain another year of transition … But it is a year of transformation toward higher performance,” Spohr said.

“I believe I can also say that this turning point in 2025 has been achieved.” Flight opera

See Full Page