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German carrier Lufthansa looks to strong summer to shake off strike costs
The airline confirmed its forecast of full-year adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros ($2.3 billion)
As costs rise, Lufthansa drops 2024 operating margin target to 7.6%
Europe's airlines have benefited from unprecedented demand following the pandemic, allowing them to hike prices, but higher labour and maintenance costs have limited earnings growth
Lufthansa to buy 81 planes, 3,000 staff from Air Berlin
Air Berlin triggered bankruptcy proceedings in August after losing a cash lifeline from its biggest shareholder Etihad Airways