Lufthansa on Thursday stated it booked an internet lack of 2 billion euros (US$2.35 billion) within the third quarter because of the pandemic-related hunch in traveling and introduced additional restructuring measures would weigh on fourth-quarter figures.
BERLIN: Lufthansa on Thursday stated it booked a internet lack of 2 billion euros (US$2.35 billion) within the third quarter because of the pandemic-related hunch in travelling and introduced additional restructuring measures would weigh on fourth-quarter figures.
The quantity of the anticipated restructuring prices will depend upon the negotiations with commerce unions, the group stated.
The German airline, which secured a 9 billion euro statebailout in June, stated it had liquidity of 10.1 billion euros obtainable.
Third-quarter gross sales fell to 2.7 billion euros from 10.1 billion euros within the earlier yr’s interval.
(US$1 = 0.8520 euros)
