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COVID-19: Lufthansa reports €2.1bn net loss in Q1

Lufthansa said it would undergo “far-reaching” restructuring as the airline posted a first-quarter net loss of 2.1 billion euros ($2.3 billion) on Wednesday, hammered by the global pandemic. “Global air traffic has come to a virtual standstill in recent months. This has impacted our quarterly results to an unprecedented extent. [READ ALSO] June 21: Lagos,
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Added June 03, 2020
from The Punch News