Lufthansa had released some 2019 numbers on 13 March and has now released its annual report. Concerning the current year, management is not in a position to quantify the revenue and profit setback. However, it will send its employees on short-time work and management will abstain from 20% of its basic salaries.
19 Mar 2020
The 2020 profit setback is unprojectable
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The 2020 profit setback is unprojectable
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
19 Mar 2020 -
Author:
Hans-Peter Wodniok -
Pages:
2
Lufthansa had released some 2019 numbers on 13 March and has now released its annual report. Concerning the current year, management is not in a position to quantify the revenue and profit setback. However, it will send its employees on short-time work and management will abstain from 20% of its basic salaries.