Lufthansa is adjusting its earnings forecast to better match revenue predictions for the passenger and cargo businesses, which are falling below original expectations. The company’s executive board is projecting an operating profit for the current financial year of approximately €1 billion ($0.75 billion) or about €1.3 billion after adjustments. Previously, the company had forecast an operating profit for 2014 of €1.3 billion to €1.5 billion. “The revenue ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.

Already registered? here.