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Lufthansa forecasts lower earnings in Q3 as yields slump, costs rise

Business Standard LogoBusiness Standard10h ago

Lufthansa forecasts lower earnings in Q3 as yields slump, costs rise - Business Standard

Quick Summary:

Who was Hamas chief Ismail Haniyeh, killed in an Israeli attack in Iran?

Lufthansa cut its profit target for the second time this year in July.

Lufthansa shares are down around 25 per cent over the last six months as it continues to struggle to recover its balance sheet.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 11:52:02 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21868035

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 287 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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