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German airline group Lufthansa adjusted operating profit fell 56 percent year on yea
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German airline group Lufthansa adjusted operating profit fell 56 percent year on yea
German airline group Lufthansa’s adjusted operating profit fell 56 percent year on year in the second quarter, as higher fuel costs and strike-related disruptions outweighed strong travel demand. Adjusted earnings before interest and taxes (EBIT) dropped to 383 million euros (about 441.65 million U.S. dollars) from 870 million euros (1 billion dollars) a year earlier. Net income tumbled 88 percent to 123 million euros (141.84 million dollars), w…
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