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Business 11 Jan 2016 | 12:00 AM

Lufthansa forecasts 2016 earnings growth as fuel costs decline

FRANKFURT: Deutsche Lufthansa AG is forecasting that operating profit will rise in 2016 as fuel costs decline a fourth consecutive year.

Business 21 Oct 2016 | 12:00 AM

Lufthansa hikes forecast on premium class bookings

LONDON: Deutsche Lufthansa AG raised its 2016 profit forecast after premium class bookings beat the airline’s expectations and as fuel costs decline. The stock rose the most in eight years.

Business 30 Oct 2015 | 12:00 AM

Lufthansa lifts 2015 earnings forecast on summer gains

FRANKFURT: Deutsche Lufthansa AG, Europe’s second largest airline, raised its earnings forecast for 2015 after a jump in mid-year demand and a drop in oil prices contributed to a 51% surge in third-quarter operating profit.

Business 22 Jul 2016 | 12:00 AM

Lufthansa cuts income forecast after terror attacks

FRANKFURT: Deutsche Lufthansa AG cut its 2016 profit forecast after terrorist attacks and economic uncertainty sapped demand for travel to Europe.

Business 16 Apr 2019 | 6:48 AM

Lufthansa slumps to first-quarter loss with fuel costs increasing

JOHANNESBURG: Deutsche Lufthansa AG reported a first-quarter loss because of rising fuel costs, sending the stock plunging in a sign of deepening industry woes after the German airline cut its growth plans last month.

Business 02 Sep 2016 | 12:00 AM

Lufthansa, Air China may finalise venture soon

FRANKFURT: Deutsche Lufthansa AG and Air China Ltd plan to finalise a joint venture this month, sealing a deal to share revenue and coordinate routes after more than two years of negotiations, people familiar with the matter said.

Business 01 May 2019 | 12:00 AM

Lufthansa halts low-cost Eurowings capacity growth

Frankfurt: Deutsche Lufthansa AG halted capacity expansion at its Eurowings low-cost arm after the group’s first-quarter margins were squeezed by rising fuel bills and overcapacity that’s sparked a Europe-wide fare war.

Business 17 Apr 2019 | 12:00 AM

Lufthansa slumps to Q1 loss on lower fares

JOHANNESBURG: Deutsche Lufthansa AG reported a first-quarter loss because of rising fuel costs and downward pressure on fares, sending the stock plunging in a sign of deepening industry woes after the German airline cut its growth plans last month.