Lufthansa reported a significant loss for the first three months of the year and said restructuring was necessary as its results were 'significantly impacted' by the Covid-19 pandemic.
Ralph Orlowski | Reutersreported a significant loss for the first quarter and said restructuring was necessary as its results were "significantly impacted" by the Covid-19 pandemic.
The German airline reported a net loss of 2.1 billion euros for the first three months of the year on Wednesday. This compared to a loss of 342 million euros the year before. The coronavirus crisis has brought severe economic difficulties for many airlines, including Lufthansa. The company agreed to hand over
slots to competitors at Frankfurt and Munich airports in exchange for 9 billion euros in support from the German government.Shares of the airline are down more than 42% year-to-date.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Hong Kong reports first local COVID-19 cases in two weeksHong Kong has confirmed its first locally transmitted coronavirus cases in more than two weeks, fuelling concerns over its spread as restrictions on movement are relaxed.
Consulte Mais informação »
Exclusive: Russia to roll out its first approved COVID-19 drug next weekRussia will start giving its first drug approved to treat COVID-19 to patients next week, its state financial backer told Reuters, a move it hopes will ease strains on the health system and speed a return to normal economic life.
Consulte Mais informação »
First human trial of potential antibody treatment for Covid-19 beginsEli Lilly and Company said Monday it has started the first human trial of an antibody therapy to treat Covid19.
Consulte Mais informação »
Georgia student, son of 2 first responders, creates lifesaving COVID-19 equipmentTogether with a small team of Georgia Tech faculty and students, Kentez Craig spent the past 2 months working to design and build critical protective gear and medical equipment to help first responders battle COVID-19.
Consulte Mais informação »
'First Super Tuesday' Of The COVID-19 Era: Voting Amid Protests, PandemicDespite the pandemic and widespread protests over police brutality, elections are moving forward today in eight states and D.C. In some cities, curfew orders conflicted with polling place hours.
Consulte Mais informação »
Why The Covid-19 Pandemic Still Poses Significant Risks For ChildrenDr. Barry Bloom, who has fought infectious diseases around the world, discusses the impacts - both direct and indirect - that the Covid-19 pandemic will have on children around the world if timely interventions aren’t made.
Consulte Mais informação »