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HomeFinanceLufthansa backs guidance as it braces for summer travel surge

Lufthansa backs guidance as it braces for summer travel surge


Deutsche Lufthansa confirmed its forecasts for the year as it expects a strong summer travel season after booking higher revenue and narrower losses for the first quarter.

The German carrier group XE:LHA on Wednesday posted revenue of 7.02 billion euros ($7.72 billion) for the three months to the end of March, up 40% on year thanks to strong bookings for the summer months in a sign of pent-up demand after travel restrictions and border closures that brought international traffic to a near standstill at the height of the Covid-19…



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