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Lufthansa cuts 2024 earnings target on low yields
2024.07.12 06:35
FRANKFURT (Reuters) – German airline group Deutsche Lufthansa (ETR:) on Friday slashed its earnings guidance for the year, citing low yields.
Lufthansa now expects adjusted 2024 earnings before interest and taxes between 1.4 billion euros ($1.5 billion) and 1.8 billion, down from a previous target of about 2.2 billion, it said in a statement.
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