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Profits

World news about “Profits” published by euronews.

12/03 14:01 CET

Lufthansa says it can’t lift-off without cutting costs

Lufthansa says it can’t lift-off without cutting costs

Stiff competition from European and Middle Eastern rivals means Lufthansa must keep cutting costs if it wants to remain a global airline. The German carrier says it is being squeezed on all routes by budget airlines and falling ticket prices. Profits fell by almost 11 percent…