Lufthansa Group (Frankfurt) saw its operating profit decline by almost 20 percent to around $1.1 billion. The group also vowed to cut costs at Austrian Airlines (Vienna). Lufthansa also stated it would consider selling Austrian if it cannot lower costs.
Read the statement from Lufthansa: CLICK HERE
Read the analysis by Reuters: CLICK HERE
Copyright Photo: Ross Bernhard.
Lufthansa Slide Show: CLICK HERE
Filed under: Lufthansa, Lufthansa Group Tagged: Lufthansa, Lufthansa Group
