Deutsche Lufthansa AG (DLAKY.PK) announced on Monday that it has slashed down the company's outlook for fiscal 2024 due to a series of strikes by different employee groups within the Group and by employees at system partners, impacting earnings by 350 million euros.
For the current fiscal year, the company now expects an adjusted EBIT of 2.2 billion euros compared to 2.68 billion euros in the previous year.
On a preliminary basis, the company expects an adjusted EBIT loss of EUR 849 million in the first quarter of 2024 compared to last year's loss of 273 million euros.
Currently, the company's stock is trading at $6.97, down 4.32 percent on the Other OTC.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.