Lufthansa announces profits warning, cuts to come

Views 4

German flagcarrier Lufthansa has issued a profits warning for 2012 citing economic uncertainty and high fuel prices.

It says it will embark on a tough cost-cutting programme, and restructure its loss-making Austrian Airlines outfit, which will involve what Chief Executive Christoph Franz called "some unpopular decisions". However a buyer is being sought for loss-making British carrier BMI.
http://www.euronews.net/

Share This Video


Download

  
Report form