Deutsche Lufthansa AG reported Thursday significantly higher profit in its second quarter with strong revenue growth amid ongoing demand growth in global air travel.
Looking ahead for the third quarter, the German flag carrier expects adjusted EBIT to exceed the pre-crisis level of 1.3 billion euros in 2019. The firm also specified its adjusted EBIT forecast for fiscal 2023, which is in line with current market expectations, but warned on capacity to be at the lower end of expected range. In Germany, the shares were losing around 6 percent in the morning trading.
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