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2025-02-12 13:35 LUFTHANSA GROUP Lufthansa Group Investor Relations > News & Mandatory Announcements > Financial r 14.06.2021 Financial news Lufthansa Group announces medium - term targets and makes preparations for a capital increase - Continued progress in travel re - opening world- wide has lead to a sharp increase in bookings - De- cisive actions taken to respond to unprecedented industry disruption - preserving cash , strengthe- ning liquidity , reducing costs and accelerating the Group's transformation - Targeting Adjusted EBIT margin of at least 8 % by 2024 - Lufthansa Group mandates banks to help calibrate possible capital in - crease - Economic Stabilization Fund ( ESF ) considers Opération Blanche As the roll - out of vaccination programs accelerates and with travel restric- tions being progressively eased globally , bookings across the Group's air- lines have increased significantly . Compared to average weekly levels in March and April 2021 , bookings more than doubled in May and early June . Demand is particularly strong for European leisure destinations around the Mediterranean Sea , as well as leisure long - haul markets where there are only limited or no travel restrictions . Supported by the acceleration of bookings , the Group expects operating cash flow to be positive in the se- cond quarter of 2021. The number of passengers is projected to reach around 30 % of pre - crisis levels in June , to reach approximately 45 % in July and around 55 % in August . This positive trend supports the Group's forecast to operate approx . 40 % of 2019 capacity levels in 2021 . Structural transformation across the Group to yield significant cost savings , supporting future profitability and cash generation https : //investor-relations.lufthansagroup.com/fileadmin/pm/news/financial-news/lufthansa-group-announces-medium-term-targets-and-makes-prep ... 1/8