Record Fourth Quarter Performance
The group reported its strongest fourth quarter on record with a revenue increase of 6% and a 5.8% operating margin. Operating results improved by €450 million, supported by lower fuel prices and strong unit revenue growth.
Fleet Modernization Progress
New generation aircraft now make up 27% of the fleet, a 7-point increase from the previous year, indicating significant progress in fleet renewal and sustainability commitments.
Premium Segment Success
Premium revenue grew by 12% year-over-year, with premium cabins now contributing 26.9% of total group revenue. The premium and premium comfort cabins saw a 29% revenue increase.
Strong Ancillary Revenue Growth
Ancillary revenue increased by 20% in 2024, with seat selection revenue showing strong double-digit growth, driven by personalized options and dynamic pricing models.
Positive Free Cash Flow
The group generated €300 million in adjusted recurring free cash flow, in line with its 2023 Capital Market Day ambitions.