Lufthansa Raises 2022 Profit Outlook on Strong Demand for Air Travel

Planes of German air carrier Lufthansa are parked as Lufthansa pilots start a strike over a wage dispute, at the airport in Frankfurt, Germany, on Sept. 2, 2022. Kai Pfaffenbach/Reuters

BERLIN—Lufthansa raised its forecast for full-year adjusted operating profit to over 1 billion euros ($980.40 million) on Monday, boosted by strong demand for air travel that continued its post-COVID recovery.

The company previously expected adjusted operating profit (EBIT) of more than 500 million euros.