Lufthansa Shares Plunge After Massive Profit Warning

Lufthansa is facing a prolonged restructuring effort in the coming years after acknowledging that it will not reach its profit target this year or in 2015. The airline plans deep cuts in winter capacity and structural measures to counteract the trend. The carrier will reveal details by early July...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.