Germany's biggest airline Lufthansa posted a loss for first three months of...
FILE PHOTO: A Lufthansa Airbus A321-100 airplane takes off from the airport in Palma de Mallorca, Spain, July 29, 2018. REUTERS/Paul Hanna
The company said in a statement on Monday evening that adjusted earnings before interest and tax fell to -336 million euros , compared to 52 million euros a year earlier. The airline said it expected unit revenues at constant currency to increase year-on-year in the second quarter, helped by favorable booking levels and a clear slowing of the market-wide capacity growth.
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