Lufthansa Group will stick to plans to reduce capacity growth to offset the yield erosion, following a disappointing performance in the second quarter, when operating profit tumbled 17% on the year-ago period, net profit fell by a third and total revenue inched down 1.7%. Operating profit reduced to €359 million ($481 million) and net profit came in at €173 million on total revenue of €7.7 billion. CFO Simone Menne was clear-cut in her comments and said that Europe’s ...


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