The Garage
LHA.DE (Frankfurt) · Cologne, Germany

Lufthansa Group

Germany's flag carrier, reborn from the wreckage of World War II. Built Europe's largest aviation group. Then ITA Airways — and the Italian market — completed the empire.

Founded 1953
By West German government (reconstituted)
Live Price
Today
Symbol
LHA.DE (Frankfurt)
1926
Deutsche Luft Hansa — and the war that destroyed it
The original Deutsche Luft Hansa was founded in 1926 through the merger of two German airlines, becoming Germany's flag carrier and one of Europe's most advanced airlines of the interwar period. The airline was dissolved in 1945 at the end of World War II. The modern Lufthansa was reconstituted in 1953 in West Germany, initially as an airline company without aircraft, receiving its first aircraft in 1955. The crane — Lufthansa's logo — was the same symbol used by the original airline before the war, a deliberate statement of continuity with German aviation heritage.
1997
Building the group — Swiss, Austrian, Brussels
Lufthansa built one of aviation's most successful multi-brand strategies: rather than merging acquired carriers into Lufthansa, it preserved their national identities while integrating operations, maintenance, and procurement. Swiss International Air Lines was acquired in 2005, Austrian Airlines in 2009, Brussels Airlines in 2017. Each airline maintained its own brand, routes, and crew identity while benefiting from Lufthansa's scale in purchasing and infrastructure. Eurowings was created as a low-cost subsidiary. The Lufthansa Group became the largest aviation group in Europe by revenue.
2020
COVID and the €9 billion government bailout
The COVID-19 pandemic nearly destroyed Lufthansa. The German government provided a €9 billion rescue package in June 2020 — the largest airline bailout in European history — taking a 20% equity stake to prevent collapse. The EU required Lufthansa to give up slots at Frankfurt and Munich as a condition of approval, weakening its hub dominance. Lufthansa repaid the German government stake by 2022, having returned to profitability faster than expected. The pandemic accelerated the collapse of Lufthansa's relationship with its unions, which had been strained for years; multiple strikes at various Lufthansa Group carriers became recurring features of the post-pandemic operation.
2023
ITA Airways — and Italy completes the empire
Lufthansa completed the acquisition of a 41% stake in ITA Airways — the successor airline to Alitalia, Italy's former flag carrier — in 2023, with a path to full ownership. Italy's aviation market, the EU's fourth-largest by passengers, had been chronically underserved since Alitalia's collapse and represented a significant growth opportunity. The ITA deal gave Lufthansa Group coverage of the major European economy it had not previously had: alongside Germany (Lufthansa), Switzerland (Swiss), Austria (Austrian), Belgium (Brussels), it now had Italy, completing its set of major Central European markets.
2024
€45.8 billion in revenue — Europe's largest airline group
Lufthansa Group reported revenues of €45.8 billion for 2024 across all its brands. The group carried approximately 119 million passengers. Lufthansa remained Europe's most powerful hub carrier with Frankfurt and Munich as primary hubs, though both airports faced persistent capacity constraints that limited the group's growth ambitions. The group's cargo division, Lufthansa Cargo, was one of the world's largest air cargo operators. Multiple union disputes continued to create periodic operational disruptions, reflecting the complex labour relations of a group operating across six countries with different national airline cultures.
Frequently Asked Questions
Who founded Lufthansa Group?
Lufthansa Group was founded by West German government (reconstituted).
When was Lufthansa Group founded?
Lufthansa Group was founded in 1953.
Where was Lufthansa Group founded?
Lufthansa Group was headquartered in Cologne, Germany.
Why was Lufthansa Group created?
The original Deutsche Luft Hansa was founded in 1926 through the merger of two German airlines, becoming Germany's flag carrier and one of Europe's most advanced airlines of the interwar period. The airline was dissolved in 1945 at the end of World War II. The modern Lufthansa was reconstituted in 1953 in West Germany, initially as an airline company without aircraft, receiving its first aircraft in 1955. The crane — Lufthansa's logo — was the same symbol used by the original airline before the war, a deliberate statement of continuity with German aviation heritage.
What does Lufthansa Group do?
Germany's flag carrier, reborn from the wreckage of World War II. Built Europe's largest aviation group. Then ITA Airways — and the Italian market — completed the empire. Lufthansa was reborn from World War II wreckage. Built Europe's largest airline group. €45.8B revenue. Swiss, Austrian, Brussels, and ITA Airways all under one crane. The full story.
How did Lufthansa Group grow?
Lufthansa Group reported revenues of €45.8 billion for 2024 across all its brands. The group carried approximately 119 million passengers. Lufthansa remained Europe's most powerful hub carrier with Frankfurt and Munich as primary hubs, though both airports faced persistent capacity constraints that limited the group's growth ambitions. The group's cargo division, Lufthansa Cargo, was one of the world's largest air cargo operators. Multiple union disputes continued to create periodic operational disruptions, reflecting the complex labour relations of a group operating across six countries with different national airline cultures.
Tools & Platforms
For Investors
The market doesn't care about your feelings.
But your broker's fees do.
Most people have a brokerage account. Fewer understand what it really costs them — in spreads, in fees, in missed instruments. Malta-regulated, direct market access, 600,000+ instruments.
Explore platforms
For Entrepreneurs
Opening a US company costs $300.
Most people think it's complicated. It isn't.
Most founders spend weeks on formation, banking and payments. The ones who move fast know which tools to use before they start. A US LLC, a real business account, and a way to pay people — in that order.
Start here
For C-Suite
Your competitor pays $200 less per month for EOR.
You're still on a spreadsheet.
BVNK hired 20% of its workforce through Deel. The smartest operators aren't managing payroll complexity — they're outsourcing it. EOR in 150+ countries, multi-currency accounts, workforce payments at $200 less per month than competitors.
Calculate hiring cost
Crypto.com PLUS Card
PLUS
2.0%
back in crypto · on every spend
€3.99 / month
or €39.90/year (€3.32/month)
Zero trading fees up to $20K/month
2.0% back in crypto on card spend
0% foreign exchange fees
EUR Cash Yield up to 1.35% p.a.
CRO Yield up to 2.00% p.a.
Virtual Visa card · Flexible cancel
Join PLUS →
Crypto.com PRO Card
PRO
3.0%
back in crypto · on every spend
€24.99 / month
or €249.90/year (€20.82/month)
Zero trading fees up to $50K/month
3.0% back in crypto on card spend
0% foreign exchange fees
EUR Cash Yield up to 1.70% p.a.
CRO Yield up to 2.50% p.a.
Airport lounge access (Priority Pass)
Join PRO →
Crypto.com PRIVATE Card
PRIVATE
4–6%
back in crypto · on every spend
CRO Lockup from €45,000
8.5% yield · 12-month staking · €450K tier at 9.5%
Zero trading fees · Unlimited volume
4.0%–6.0% back in crypto
0% foreign exchange fees
EUR Cash Yield up to 1.80% p.a.
Extra 1% p.a. on Earn allocations in CRO
VIP events · Exclusive experiences
8.5% CRO lockup rewards
Join PRIVATE →
Also in The Garage
Türk Hava Yolları (Turkish Airlines)
Founded by Atatürk's government in 1933 with five planes. Now flies to more countries than any airline on Earth.
Back to The Garage