Lufthansa Q2 profit hit by fuel, strikes
Deutsche Lufthansa AG reported an 8% increase in second-quarter revenue, but profit fell sharply as higher fuel costs and strike-related disruptions outweighed strong passenger demand. Revenue rose to €11.1 billion in the quarter from €10.3 billion a year earlier. Adjusted EBIT declined to €383 million from €870 million, while the adjusted EBIT margin narrowed to […]
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