Europe

Lufthansa first quarter net loss up 57% as strike action takes its toll, plans to cut operating costs

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Lufthansa first quarter net loss up 57% as strike action takes its toll, plans to cut operating costs

Lufthansa Group has reported a net loss of €734 million for the first quarter of the year, a further 57% increase in its first quarter 2023 net loss of €467 million. Its earnings per share were down further in the negative at 61 cents from a loss per share of 39 cents in the first quarter last y...

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