Lufthansa Faces Cargo Crisis And Passenger Yield Reduction
May 03, 2016
FRANKFURT—Lufthansa Group has launched a review of its future cargo strategy, following dismal results in the first quarter and a bleak outlook for the unit. Lufthansa Cargo saw revenues decline by 21.8% year-over-year in the first quarter. The airline also posted an adjusted operating loss of €19...
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