Lufthansa: short-haul profits, long-haul problems
On 29th October Lufthansa (Xetra: LHA GR) reported the results of its fiscal third quarter. A strong summer travel season and low oil price helped Europe’s largest airline achieve underlying earnings of €1.7 billion for the first 9 months of 2015, an astounding 70% increase on the prior year, and management upgraded its full-year earnings […]
