Deutsche Lufthansa Ag Reg (DLAKF) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

A wonderful good morning or good afternoon, ladies and gentlemen. Welcome to the Lufthansa Group Q1 2024 results analyst conference call. My name is Francie, the course call operator. I would like to remind you that all participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by Q&A session. You can register for questions at any time by pressing star N1. In the interest of time, please limit yourself to two questions only. For operator assistant, please press star and zero. At this time, it is my pleasure to turn the conference over to Dennis Weber, Head of Investor Relations. Please go ahead, sir. Yeah, thank you very much and good morning, ladies and gentlemen. Welcome to the presentation of our first quarter results 2024. With me on the call today are our CEO, Carsten Spohr, and our CFO, Remco Steenbergen. They will present you our results and discuss our commercial and strategic outlook for the year ahead. Afterwards, you'll have the opportunity to ask your questions, and as just mentioned by the operator, and similar to prior quarters, I would like to ask you to limit your questions to two so that everybody has a chance to participate in the Q&A session. Thank you very much, and over to you, Carsten. Thank you, Dennis, and a warm welcome, everybody, from my side as well. As you all know, in our industry, the first quarter is the weakest due to seasonal factors, but nevertheless surprising, unfortunately, in a negative sense, is the size of our quarterly loss this year, which, though, is mainly due to strike effects. But before Remco and I get into the details of our numbers, let me take a quick look moment to broaden our perspective and look at the global aviation situation starting with geopolitical inst...