Lufthansa Group reports $9 million net loss in 1Q

Credit: Rob Finlayson
Germany-based Lufthansa Group recorded a net loss of €8 million ($9 million) for 1Q 2016, reversed from a net profit of €425 million for the year-ago period . The group, which comprises Lufthansa, low-cost carrier (LCC) Eurowings, Austrian Airlines and Swiss International Air Lines, made the loss on...

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