Eurowings Posts Important Profit

Eurowings has published a vital profit and this a turnaround with a result of 205 million euros. The airline came in with a loss of 197 million euros for the previous year.

While persistent strike actions loom over Lufthansa Group, this turnaround from Eurowings is widely viewed as a positive. Eurowings has long endured difficulties following the pandemic, and its turnaround being considered as successful is a big moment for the business.

The airline’s performance was unveiled during Lufthansa Group’s full-year financial results, as the airline is naturally part of Lufthansa Group.

Twenty-one million passengers jumped aboard Eurowings services in 2023, which increased following the global pandemic. A record summer season was also a key reason why the airline enjoyed such a significant turnaround.

Additionally, the airline says that it has experienced fantastic demand year-round, with travellers viewing the leisure and business options by the airline at an attractive price point.

New Routes

After a successful 2023, Eurowings announced further expansion to its route network, specifically to the Middle East, with the deployment of thrice-weekly flights towards Jeddah.

An Airbus A320neo will be deployed from Cologne Bonn Airport in Germany towards the city, with launch expected on November 5, 2024. This is viewed as an important new link for the airline.

Senior executives also view the service launch in Jeddah as an essential connection to diversity in developing their global network. Additionally, Jeddah is an economic and trade hub with a gateway to several other locations. Eurowings will use this to their advantage.

Away from Jeddah, the airline has also unveiled plans to expand to several locations in time for the Summer 2024 season. Stockholm will be a focus, and the airline will launch services to Hannover and Naples.

Service to Hannover will operate thrice weekly from May 1, 2024. The service to Naples will be twice weekly and will commence from June 14, 2024.

The Swedish market perfectly matches with the value airline quality concept Eurowings provides. We look forward to expanding our network also in future to offer a wide range of destinations from leisure to business from Arlanda and drive forward the pan-European growth of Eurowings from Sweden.

Michael Haendel, Head of Network Management & Airport Relations at Eurowings.