The Lufthansa Group reported a large but better-than-expected Q2 net loss. The H2 traffic projection remains lacklustre and the carrier may need yet another year to recover its 2019 passenger demand. The group will implement numerous in-depth restructuring plans, which could hopefully accelerate the rebuilding of its competitiveness.
06 Aug 2020
In-depth restructuring is waiting to establish long-term optimisation
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In-depth restructuring is waiting to establish long-term optimisation
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
06 Aug 2020 -
Author:
Yi Zhong -
Pages:
3
The Lufthansa Group reported a large but better-than-expected Q2 net loss. The H2 traffic projection remains lacklustre and the carrier may need yet another year to recover its 2019 passenger demand. The group will implement numerous in-depth restructuring plans, which could hopefully accelerate the rebuilding of its competitiveness.