The Lufthansa Group this week reported a net profit of €55 million for 2014, down 82.4 percent

from last year’s €313 million. Including Lufthansa, Swiss International Air Lines, Austrian Airlines and Brussels Airlines, group passenger revenue for 2014 declined 0.8 percent year over year to €23.3 billion. The company noted that pilot and security strikes during the year cut operating revenues by €232 million. Group airline capacity increased 2.1 percent year over year, and traffic increased 2.4 percent, leading to a 0.3 percentage point increase in load factor. Yield declined 3.1 percent year over year, and revenue per available seat kilometer declined 2.8 percent.