BERLIN - German flag carrier Lufthansa expects lower earnings in the third quarter as yields slump and unit costs increase, the company said on Wednesday.
In the third quarter, Lufthansa expects yields to be lower by a single-digit percentage compared with 2023 levels, while unit costs are expected to rise by a similar magnitude, according to a company statement. Lufthansa shares are down around 25% over the last six months as it continues to struggle to recover its balance sheet.Kari Lake wins GOP primary for closely watched Arizona Senate race, will face Gallego in November
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