Lufthansa (LH) Group on Tuesday lowered its full-year earnings forecast owing to a weaker than expected August.
Lufthansa A321. By Rob Finlayson Lufthansa (LH) Group on Tuesday lowered its full-year earnings forecast owing to a weaker than expected August. Its operating profit will now be “at the upper end of the three-digit million euro range” and that “as viewed currently, the target of a further increase on the previous year figure no longer appears to be achievable,” said LH Group, which reported an EBIT of €876 million ($1.2 billion) in 2010. LH Group ...
Subscribe to Access this Entire Article
"Lufthansa lowers full-year earnings forecast" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.