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Lufthansa Records Heavy Losses, Redundancies In Progress


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LONDON – German company Lufthansa Group (LH) has today recorded heavy losses, with redundancies in significant progress. The Group has recorded second quarter losses of €1.9bn. This was due to a 80% drop in revenues, with Lufthansa Cargo & Technik wings generating the most funds at €1.5bn. Lufthansa H1 Financials For the first half (1H20) […]

The post Lufthansa Records Heavy Losses, Redundancies In Progress appeared first on Airways Magazine.

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