Lufthansa cuts 2024 outlook due to strikes, capacity issues
COLOGNE, Germany: This week, German flag carrier Lufthansa downgraded its 2024 earnings outlook due to a series of strikes and a slow capacity increase.
In a statement, the airline said that this year, it expects adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros (US$2.3 billion) compared with a previous forecast of 2.68 billion euros in 2023.
The airline added that its adjusted free