Lufthansa reveals lower third-quarter profit, sees smaller full-year result

Lufthansa Group had a €149 million ($186.5 million) net profit in the third quarter ended Sept. 30, a steep 74.6% decline from the €586 million achieved in the year-ago period, and said it has lowered its full-year operating profit target to "around" €1.1 billion. The company released a preliminary...

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