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Lufthansa Group expects to increase unit revenues in 2Q
After a weak first quarter -ATTACHMENT
Lufthansa Group expects to increase unit revenues in the second quarter after a weak first quarter.The highlights are:Substantial market-wide capacity expansion in Europe lowers unit revenues and reduces first-quarter Adjusted EBIT to EUR -336 millionHigher fuel costs burden quarterly earnings by around EUR 200 millionUnit costs reduced in line with full-year forecastLufthansa Cargo reports lower first-quarter...
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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency