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Lufthansa doubles profit in 2023, but strikes cast shadow
Lufthansa doubles profit in 2023, but strikes cast shadow
Economy
by  AFP

German airline giant Lufthansa more than doubled its profits in 2023, extending a rebound from the coronavirus pandemic even as it faces fresh risks from a wave of industrial action. Like other airline groups, Lufthansa was hit hard when the coronavirus shut down global air travel and it had to be bailed out by the German government in 2020.

Lufthansa doubles profit in 2023 as demand booms
Lufthansa doubles profit in 2023 as demand booms
Economy
by  AFP

German airline giant Lufthansa said Thursday it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic. Like other airline groups, Lufthansa was hit hard when the coronavirus shut down global air travel and it had to be bailed out by the German government in 2020.