BERLIN (Reuters) – Lufthansa hopes to claw back its strike-related losses in the second half of the year, the German flag carrier said on Tuesday, pointing to a strong summer season with bookings up 16% on the previous year.
The airline confirmed its forecast of full-year adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros ($2.3 billion), which it had revised down two weeks ago following a wave of costly industrial action, but said earnings in the second quarter would still be below the prior-year level.
In the second half of the year, the group’s operating result is expected to be higher than in the previous year, it said, adding that savings measures were planned at its core brand Lufthansa Airlines to stem heavy losses there from the strikes.
(Reporting by Rachel More; Editing by Miranda Murray)
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