Deutsche Lufthansa AG (OTCQX:DLAKF) Q1 2023 Earnings Conference Call May 3, 2023 4:00 AM ET Company Participants Dennis Weber - Head of Investor Relations Carsten Spohr - Chief Executive Officer Remco Steenbergen - Chief Financial Officer Conference Call Participants Jaime Rowbotham - Deutsche Bank Stephen Furlong - Davy Harry Gowers - JPMorgan Neil Glynn - Air Control Tower Andrew Lobbenberg - Barclays Jarrod Castle - UBS Conor Dwyer - Morgan Stanley Achal Kumar - HSBC Sathish Sivakumar - Citi Operator Lad ...

Deutsche Lufthansa AG (OTCQX:DLAKF) Q4 2022 Earnings Conference Call March 3, 2023 7:00 AM ET Company Participants Dennis Weber - Head of IR Carsten Spohr - CEO Remco Steenbergen - CFO Conference Call Participants Jamie Rowbotham - Deutsche Bank James Hollins - BNP Paribas Stephen Furlong - Davy Jarrod Castle - UBS Neil Glynn - Air Control Tower Sathish Sivakumar - Citi Harry Gowers - JPMorgan Muneeba Kayani - Bank of America Merrill Lynch Sumit Mehrotra - Societe Generale Alex Irving - Bernstein Ashok Kuma ...

lufthansagroup.com Full Year 2022 Results Carsten Spohr, CEO Remco Steenbergen, CFO Frankfurt, 03 March 2023 Disclaimer The information herein is based on publicly available information. It has been prepared by the Company solely for use in this presentation and has not been verified by independent third parties. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opi ...

Deutsche Lufthansa AG (OTCQX:DLAKF) Q3 2022 Earnings Conference Call October 27, 2022 4:00 AM ET Company Participants Dennis Weber - Head of IR Carsten Spohr - Chief Executive Officer Remco Steenbergen - Chief Financial Officer Conference Call Participants James Hollins - BNP Paribas Alex Irving - Bernstein Ruxandra Haradau-Doeser - Kepler Cheureux Stephen Furlong - Davy Sathish Sivakumar - Citi Jamie Rowbotham - Deutsche Bank Muneeba Kayani - Bank of America Sumit Mehrotra - Societe Generale James Goodall ...

| --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2022 Results Carsten Spohr, CEO Remco Steenbergen, CFO | | | | | | | Frankfurt, 27 October 2022 | | | | | | Disclaimer The information herein is based on publicly available information. It has been prepared by the Company solely for use in this presentation and has not be ...

Financial Data and Key Metrics Changes - The company reported an adjusted EBIT of €393 million and a net income of €259 million for Q2 2022, marking a significant recovery from previous losses [14][25] - Free cash flow exceeded €2.1 billion in Q2, driven by strong bookings and effective working capital management [14][18] - Net debt decreased to €6.4 billion, down €2.6 billion from year-end 2021, while equity increased to €7.9 billion, reflecting a strong financial position [20][21] Business Line Data and Key Metrics Changes - Lufthansa Cargo achieved an adjusted EBIT of €482 million in Q2, nearly 50% higher than the previous year's record results, continuing a trend of strong performance [6][17] - Passenger Airlines transported 29 million passengers in Q2, reaching over 70% of pre-crisis levels, with a seat load factor of 80%, just 3 percentage points below 2019 levels [8][15] - Yields for Passenger Airlines increased by 24% compared to 2021, with the Transatlantic market showing a 10% increase over 2019 levels [15][48] Market Data and Key Metrics Changes - The air cargo market remains constrained, with demand exceeding pre-crisis levels due to ongoing supply chain disruptions [17][29] - Corporate travel bookings recovered to around 50% to 60% of pre-crisis levels by the end of Q2, with expectations to reach 70% by year-end [42][46] Company Strategy and Development Direction - The company aims to maintain a multi-hub, multi-brand strategy to remain competitive and grow its leisure and touristic business [23][30] - Plans for product and service upgrades are underway, including new seating and services across all travel classes, to enhance premium positioning [30][31] - The company is committed to sustainability, targeting a 50% reduction in carbon emissions by 2030 compared to 2019 levels, with initiatives for sustainable aviation fuel [34][35] Management's Comments on Operating Environment and Future Outlook - The management expressed optimism about the recovery of the aviation industry, despite ongoing operational challenges and macroeconomic uncertainties [4][36] - The company expects adjusted EBIT for Q3 to be substantially higher than Q2, with full-year adjusted EBIT projected to exceed €500 million [25][36] - Operational difficulties are acknowledged, but the management believes that the current demand environment will support continued profitability [36][37] Other Important Information - The company is in negotiations with unions regarding employee compensation, with significant progress reported in talks with ground staff unions [11][12] - The planned divestments of AirPlus and non-European catering businesses remain a focus, with strong investor interest noted [26] Q&A Session Summary Question: Confidence in reaching agreements with pilots and ground staff - Management expressed optimism about reaching agreements with ground staff soon, while negotiations with pilots are ongoing, focusing on competitive salaries and career growth opportunities [40][41] Question: Update on corporate business bookings recovery - Corporate travel bookings have increased to around 50% to 60% of pre-crisis levels, with expectations to reach 70% by year-end [42][46] Question: Sustainability of premium leisure demand - Management noted that a growing segment of the population is less sensitive to economic downturns and continues to spend on premium travel experiences [40] Question: Cargo performance expectations for H2 - The company expects cargo results for H2 to at least match last year's performance, with yields slightly decreasing but remaining above pre-crisis levels [52] Question: Catering disruptions and their resolution - Catering disruptions were attributed to industry-wide staffing shortages, but improvements have been made, and the situation is expected to stabilize [53] Question: Eurowings' operating results - Eurowings faced significant irregularity costs impacting its EBIT, but a turnaround is expected in the second half of the year [54]

Deutsche Lufthansa AG (OTCQX:DLAKF) Q1 2022 Earnings Conference Call May 5, 2022 5:00 AM ET Company Participants Dennis Weber - Head, IR Carsten Spohr - Chairman & CEO Remco Steenbergen - CFO Conference Call Participants Muneeba Kayani - BofA Jaime Rowbotham - Deutsche Bank James Hollins - BNP Paribas Exane Stephen Furlong - Davy Andrew Lobbenberg - HSBC Johannes Braun - Stifel, Nicolaus & Company Jarrod Castle - UBS Sathish Sivakumar - Citigroup Operator Ladies and gentlemen, thank you for standing by. Wel ...

Deutsche Lufthansa AG (OTCQX:DLAKF) Q4 2021 Earnings Conference Call March 3, 2022 7:00 AM ET Company Participants Dennis Weber – Head of Investor Relations Carsten Spohr – Chief Executive Officer Remco Steenbergen – Chief Financial Officer Conference Call Participants Jaime Rowbotham – Deutsche Bank Alex Irving – Bernstein James Hollins – BNB Paribas Stephen Furlong – Davy Muneeba Kayani – Bank of America Sathish Sivakumar – Citi Jarrod Castle – UBS Andrew Lobbenberg – HSBC Dennis Weber Thank you and good ...

Deutsche Lufthansa AG (OTCQX:DLAKF) Q3 2021 Results Conference Call November 3, 2021 5:00 AM ET Company Participants Dennis Weber - Head of Investor Relations Carsten Spohr - Chief Executive Officer Remco Steenbergen - Chief Financial Officer Conference Call Participants James Hollins - BNP Paribas Ruxandra Haradau - Kepler Cheuvreux Alex Irving - Bernstein Carolina Dores - Morgan Stanley Jarrod Castle - UBS Muneeba Kayani - BofA Jaime Rowbotham - Deutsche Bank Sumit Mehrotra - Societe Generale Johannes Bra ...

Deutsche Lufthansa AG (OTCQX:DLAKF) Q2 2021 Earnings Conference Call August 5, 2021 4:30 AM ET Company Participants Dennis Weber - Head of Investor Relations Carsten Spohr - Chief Executive Officer Remco Steenbergen - Chief Financial Officer Conference Call Participants James Hollins - Exane BNP Stephen Furlong - Davy Muneeba Kayani - Bank of America Sathish Sivakumar - Citigroup Jarrod Castle - UBS Andrew Lobbenberg - HSBC Alex Irving - Bernstein Research Johannes Braun - Stifel Carolina Dores - Morgan Sta ...