Two of
Europe s top airline groups, Lufthansa and Air
France-KLM, announced plans to cut costs after
reporting wider first-quarter losses on Tuesday as they faced
high customer payouts due to flight.
Lufthansa on
Thursday reported quarterly profits slightly above analysts
consensus on the back of robust travel demand this summer and
said bookings remained strong ahead of the busy.
The boom in holiday travel shows no signs of ending, German airline group Lufthansa said on Thursday, as advance bookings for this winter and next year were alr.
The boom in holiday travel
shows no signs of ending, German airline group Lufthansa
said on Thursday, as advance bookings for this winter
and next year were already a double-digit percentage above.
Lufthansa s Chief
Executive Carsten Spohr said on Sunday it was too soon to
discuss the German airline group s potential interest in taking
over Portugal s TAP as the Portuguese government is. | June 4, 2023