Jun 11th, 2018
Lufthansa CEO Says Airline Better Hedged Than Most Competitors
While rising oil price is a headwind to Lufthansa’s earnings, CEO Carsten Spohr says in a June 7 interview with Bloomberg TV that he’s “more relaxed than most competitors” because of hedging deals, and long-term higher fuel prices mean more airline consolidation, which the entire industry will benefit from. (Source: Bloomberg)
