Fuel, overcapacity blamed for Lufthansa 1Q loss

Lufthansa Group has reported a 2019 first quarter loss as it absorbed the impact of higher fuel costs and overcapacity in the European market. The group made an adjusted loss before interest and tax of €336 million ($380 million) for the first three months of 2019, down from earnings of €52 million...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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