Lufthansa Fares Under Pressure as It Struggles With RevampBy
Shares tumble as yields suffer biggest drop in four years
Revenue also down, Ebit loss narrows on fuel savings
Deutsche Lufthansa AG said passenger fares are set to erode further this year as it grapples with unions over a restructuring of European operations aimed at stemming the flow of customers to discount rivals. The stock fell as much as 7.1 percent.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.