The Lufthansa Group aims to achieve an Adjusted EBIT margin of at least 8% and an Adjusted ROCE (excluding cash)1) of at least 10% in 2024.
The Group has mandated banks to prepare a possible capital increase. The Economic Stabilization Fund (ESF) is considering, also taking into account market conditions, participating in a potential capital increase without the use of additional funds by way of a so-called Opération Blanche.
The Executive Board and Supervisory Board have not yet taken a decision on the size and timing of a potential capital increase. In addition, the ESF has not yet given its approval.
1) Adjusted EBIT and adjusted ROCE (excluding cash and cash equivalents) are not key performance indicators under IFRS.