Jun 16, 2019 SOURCE: AFP
Lufthansa lowers 2019 targets over 'low-cost' competition
German airline group Lufthansa said Sunday it has revised lower its 2019 outlook due to intense competition from low-cost carriers in Europe.
It now expects the group to reach an operating margin of between 5.5 to 6.5 percent, compared with an earlier estimate of 6.5 to 8.0 percent, Lufthansa said...
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