LUFTHANSA GROUP

LUFTHANSA GROUP had €2.1b net loss in 1Q20 (vs €342m loss in 1Q19) on 18% lower revenues; traffic fell 26.1%. It parked 700 of its 763 aircraft due to COVID-19 and after gradual return to service, it still expects 300 aircraft will be parked in 2021 and 200 in 2022; it expects to be operating...

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