Company Portrait
The Lufthansa Group is the world’s top airlines with last minute flights operations all over the world. It is a market leader in its native market of Europe. With 105,290 employees, the Lufthansa Group generated sales of EUR 16,811 million in the fiscal year 2021.
Whether it’s a business meeting in Delhi or the best holiday destination in India, a Canada to India flight booked with Lufthansa always ensures a comfortable and safe journey from Canada to your desired flight destination. For the duration of your flight, your comfort and well-being are our top priorities.
The Network Airlines category includes Lufthansa German Airlines, SWISS, Austrian Airlines, and Brussels Airlines. Lufthansa German Airlines also comprises regional carriers Lufthansa CityLine and Air Dolomiti, as well as Eurowings Discover, the Lufthansa Group’s new holiday airline that began operations in July 2021 and concentrates on the touristic area with last minute flights facility. Eurowings concentrates on European point-to-point short-haul transportation.
Lufthansa AirPlus, Lufthansa Aviation Training, and Lufthansa Systems are all part of this business division.
Key figures for the Lufthansa Group
In the fiscal year 2021, the Lufthansa Group produced 16.8 billion euros, a 24 percent increase over the previous year (previous year: 13.6 billion euros). A rise in passengers, the transformation and reorganization of the firm, and the corresponding cost savings all contributed to a considerable gain in profitability. Due to robust summer travel months, the firm returned to profitability in the third quarter. Despite the third and fourth pandemic waves and the consequent travel restrictions, the operational loss was greatly reduced for the whole year.
Ownership
Until 1994, Lufthansa was a state-owned enterprise. It is traded on the floor as well as electronically through the Xetra system. It is a DAX index share that trades on the Frankfurt Stock Exchange under the Prime Standard. The shareholders’ registration indicated that German investors owned 67.3% of the shares at the end of 2019 (72.1% the previous year). The second-largest group, at 10.4%, was Luxembourg stockholders. The United States accounted for 8.1% of all investors, followed by Ireland and the United Kingdom, each with 3.6%. This guarantees that the provisions of the German Aviation Compliance Documentation Act are followed (LuftNaSiG).
Lufthansa’s Frequent flier Program
Miles & More is Lufthansa’s frequent-flyer program, which is shared by several European airlines, including all of Lufthansa’s subsidiary airlines (excluding SunExpress joint ventures), Condor (formerly owned by Lufthansa), Croatia Airlines, LOT Polish Airlines, and Luxair (previously part-owned by Lufthansa). Also, their users may earn miles on Lufthansa and Star Alliance partner flights, as well as Lufthansa credit cards and expenditures made at Lufthansa shops. Miles flown with particular partners within one calendar year determines the status within Miles & More.
The membership categories are Miles & More (with no minimum criteria), Frequent Traveller (Silver, with a 35,000-mile or 56,000 km threshold or 30 individual flights), Senator (Gold, with a 100,000-mile or 160,000 km threshold), and HON Circle (Black, with a 600,000-mile or 970,000 km threshold over two calendar years).All Miles & Additional status levels higher than Miles & More members include lounge access and executive bonus miles, with higher levels providing more exclusive advantages.
Strenghts of Lufthansa
- The Lufthansa Group includes some well-known brands
In their native markets, Lufthansa’s brand and those of its main subsidiaries SWISS and Austrian, demand considerable devotion. Lufthansa aspires to be Europe’s only five-star airline brand.
- Lufthansa has effective multi-passenger brand positioning
The Lufthansa group’s airlines operate in a variety of market categories, both in terms of product/service offerings and national geographies. The Lufthansa brand encompasses luxury and economy cabins, as well as long and short-haul flights, and provides a comprehensive variety of services for passengers booking Canada to India flights.
- Lufthansa offers world-class aviation services.
Aside from flight, the Lufthansa Group is a global leader in the supply of a variety of aviation services. These include airline catering (LSG Sky Chefs) and MRO (Lufthansa Technik), two of the world’s largest in their respective sectors. These operations have given more consistent profit levels across the cycle than the more volatile aviation enterprises.
- Lufthansa intends to raise the share of its income earned outside of its core hub-based flight operations from 30% to 40% by 2020. (This includes revenues from its growing point-to-point flying operations).
Business Class flights
On most flights, Lufthansa offers the best business class seats. As with many European carriers, there are significant differences between intra-Europe Business and long-haul Business—this review focuses on the intercontinental long-haul business class experience.
It’s worth noting that Lufthansa announced changes to its business class seating product a few years ago, but due to the pandemic and construction delays for some of the larger aircraft expected to join the fleet, the old business class product will stay the norm for a few more years.
Passengers booking last minute flights who prefer an open-plan business class cabin over one with highly designed chairs and many plastic partitions will like Lufthansa’s large, comfortable seating.
Lufthansa’s Sustainability
Company responsibility, or sustainable and responsible entrepreneurial behavior, is an essential component of our corporate strategy. It implies that we are devoted to adding value for our customers, workers, and investors, as well as honoring our duties to the environment and society. For these reasons, we are always improving our efforts to protect the climate and the environment, to maintain responsible and equitable relationships with our employees, and actively engage in a variety of social causes as a firm.
There’s nothing quite like air travel. Choose Lufthansa for your next flight and experience the convenience of premium service backed by our long-standing commitment to safety, innovation, and sustainability. Also, if you are looking for flights from Canada then you should check out the best deals online from flyopedia.ca.
