BERLIN (Reuters) – Lufthansa (DE:) on Thursday stated it booked a web lack of 2 billion euros ($2.35 billion) within the third quarter as a result of pandemic-related stoop in travelling and introduced additional restructuring measures would weigh on fourth-quarter figures.
The quantity of the anticipated restructuring prices will depend upon the negotiations with commerce unions, the group stated.
The German airline, which secured a 9 billion euro statebailout in June, stated it had liquidity of 10.1 billion euros accessible.
Third-quarter gross sales fell to 2.7 billion euros from 10.1 billion euros within the earlier 12 months’s interval.
($1 = 0.8520 euros)
Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury on account of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding kinds doable.