Tuesday, July 30, 2019

Lufthansa Q2 Earnings Down, Backs FY19 View; Stock Dips

Shares of Deutsche Lufthansa AG were losing around 6 percent in German trading after the airline reported Tuesday weak earnings in its second quarter, despite higher revenues. The earnings were hurt by price wars on short haul routes, as well as rising costs. Further, the company confirmed its forecast for fiscal 2019.

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