Deutsche Lufthansa AG said it’s on track to meet its financial targets this year and in 2024 as robust travel demand during the summer season extends into the slower final months of the year and leisure travelers upgrade to more expensive seats.
Adjusted operating profit will exceed €2.6 billion ($2.8 billion) this year, after hitting €1.47 billion in the third quarter, beating analyst estimates, according to a statement released on Thursday. The company also said it expected to hit a target for its earnings margin of at least 8% in 2024.
