Menu

Lufthansa Reports Narrower Loss, Sees Risks from Fuel Supplies
📰
0

Lufthansa Reports Narrower Loss, Sees Risks from Fuel Supplies

Bloomberg.com·Sonja Wind·27 days ago
#F6rm6bTp
Reading 0:00
15s threshold

Deutsche Lufthansa AG posted a smaller-than-expected loss in the first quarter as strong demand for longhaul flights helped offset volatile fuel costs and disruption from labor strikes.

The adjusted loss before interest and tax narrowed by 15% to €612 million, Lufthansa said Wednesday, beating the average analyst estimate for a €650 million deficit. Revenue of €8.7 billion also came in above expectations.

Read More