Airline

FIRST QUARTER NET LOSS FOR LUFTHANSA GROUP

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FIRST QUARTER NET LOSS FOR LUFTHANSA GROUP

Lufthansa Group has incurred a first-quarter net loss of €507 million ($752.6 million), widened 70.1% from a €298 million net deficit in the year-ago quarter. However the loss was blamed on an accounting effect as it includes a €300 million charge associated with a change in the value of fuel ...

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