Lufthansa Targets Growth as Strong Start Offsets Slump
- Airline has ‘buffer’ from start of year to offset weak months
- Lufthansa open to potential merger to shore up Eurowings
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Deutsche Lufthansa AG stuck to its forecast for higher earnings this year as a strong start to 2016 will help the German carrier offset a series of headwinds to travel demand.
“The guidance remains what it is,” Chief Executive Officer Carsten Spohr said Monday at a briefing in Frankfurt. “We have a little bit of a buffer from the first months of the year, when performance was better than planned.”