Lufthansa reports loss, cuts outlook after strikes

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Strikes have taken a deep bite into Lufthansa balance sheet but the airline still expects to end 2024 with an operating profit of 2.2 billion euros. German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle E ...