Lufthansa Suffers U$8.1 billion Annual loss
Taarifa Rwanda Published 4 weeks ago 1share Deutsche Lufthansa AG posted a record U$8.1 billion annual loss and said it will struggle to make money on flights before the end of this year as the covid-19 crisis continues to roil air travel. Europe’s biggest airline group will dial back capacity plans for 2021 to a level at which it’s unlikely to make money, according to a statement Thursday, while forecasting a lower operating loss for the year. Network carriers like Lufthansa have seen the long-haul markets on which they depend almost wiped out by the pandemic, with the International Air...