Revenue and passengers up at Lufthansa, but earnings down
Skift Take
The carrier has done an admirable job balancing between legacy line and forward-thinking upstart (via its holdings in JetBlue and others), but the next few years should demonstrate if this hybrid mix will work.
German airline Lufthansa blamed high fuel costs and new taxes on air travel in its home and Austrian markets for a 24 percent decline in second-quarter earnings.
Deutsche Lufthansa AG said Thursday that net earnings fell to €229 million ($270 million) from €301 million a year earlier. Revenue grew by 6 percent to €7.9 billion and the number of passengers between April and June rose slightly to 27.5 million.
The Lufthansa group include
