News Formal

Airline shares under pressure after surprise Lufthansa profit warning – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Kier Group to cut 1,200 jobs in cost-saving push – business live

Shares in airlines are on the back foot across Europe after a surprise Lufthansa profit warning overnight. Lufthansa shares fell by 11.5% on Monday morning after the German airline on Sunday lowered its profit outlook for 2019, citing intense price competition from low-cost rivals in Europe. Lufthansa slashed its pretax profit expectations from a range of €2bn to €2.4bn , compared with the previously targeted €2.4bn to €3bn.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside American Airlines' £1.6k ($2,000) business class cabinBA's codeshare partner AA is the world's biggest carrier, but does it have a business class with quality to match the scale? Ted Thornhill investigates on return flights from Heathrow to the U.S. This looks almost comparable to BA First Class. Nice work!
Source: Daily Mail Online - 🏆 135. / 51 Read more »