Lufthansa Group posts higher Q1 net losses on SCORE costs

Credit: Kurt Hofmann
Lufthansa Group posted a first-quarter net loss of €459 million ($605.1 million), widened 16.5% from a net loss of €394 million in the year-ago period. The company cited expenses for severance pay and compensation as part of the SCORE job cuts, as well as impairment losses and valuation effects, for...

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