Aviation: Kerosene costs and strikes cause profits to collapse at Lufthansa
The increased kerosene costs with the Iran war and a week’s strike in April severely burdened Lufthansa in the second quarter
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Summary
The increased kerosene costs with the Iran war and a week’s strike in April severely burdened Lufthansa in the second quarter. The six strike days of the cockpit workers in April burdened the result with an additional 150 million euros. Operating profit fell to 383 million euros, as the aviation group announced.
Furthermore, Despite higher sales, Lufthansa achieved a lower operating profit in the second quarter.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
The increased kerosene costs with the Iran war and a week’s strike in April severely burdened Lufthansa in the second quarter.
reliability moderate2/2 sourcesThe six strike days of the cockpit workers in April burdened the result with an additional 150 million euros.
reliability moderate2/2 sourcesOperating profit fell to 383 million euros, as the aviation group announced.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
Despite higher sales, Lufthansa achieved a lower operating profit in the second quarter.
according to DIE ZEIT
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