Deutsche Lufthansa Ag Reg (DLAKF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.634 -- 00:00:07.171 Ladies and gentlemen, welcome to the Lufthansa Group Q4 2025 00:00:07.171 -- 00:00:12.080 Results Conference Call and Live Webcast. I'm Moritz, the call operator. 00:00:12.080 -- 00:00:15.644 I would like to remind you that all participants will be in a listen-only mode and the 00:00:15.644 -- 00:00:19.849 conference is being recorded. The presentation will be followed by a question and answer 00:00:19.849 -- 00:00:25.056 session. You can register for questions at any time by pressing star and 1 on your telephone. 00:00:25.056 -- 00:00:27.839 For operator assistance, please press star and 0. 00:00:27.839 -- 00:00:31.383 The conference must not be recorded for publication or broadcast. 00:00:31.383 -- 00:00:34.987 At this time, it's my pleasure to hand over to Marc-Dominique Nettersheim, Head of Investor 00:00:34.987 -- 00:00:37.747 Relations. Please go ahead, sir. 00:00:37.747 -- 00:00:41.254 Thank you very much, and also on my end, a very warm welcome, ladies and gentlemen, to 00:00:41.254 -- 00:00:44.861 the presentation of our full year results 2025. 00:00:44.861 -- 00:00:50.351 With me on the call today are our CEO, Carsten Spohr, and our CFO, Till Streichert. 00:00:50.351 -- 00:00:55.061 Both of them will present the results for the past year and discuss our commercial outlook 00:00:55.061 -- 00:00:56.714 for 2026. 00:00:56.714 -- 00:01:00.999 And afterwards, as always, you will have the opportunity to ask questions. 00:01:00.999 -- 00:01:05.624 And I want to remind you, please limit your questions to two so that everybody has a 00:01:05.624 -- 00:01:09.288 chance to participate in the Q&A session. Thank you very much. 00:01:09.288 -- 00:01:12.572 And with that, Carsten, over to you. 00:01:12.572 -- 00:01:18.018 Yeah, thank yo...