ZCZC
BCN-07
GERMANY-AVIATION-EARNINGS-LUFTHANSA
Lufthansa posts Q2 net loss of 1.5 bn euros as virus curtails travel
FRANKFURT AM MAIN, Aug 6, 2020 (BSS/AFP) – German airline giant Lufthansa said Thursday it lost 1.5 billion euros in the second quarter as the coronavirus pandemic slammed the brakes on travel.
“We are experiencing a caesura in global air traffic. We do not expect demand to return to pre-crisis levels before 2024,” said Lufthansa chief executive Carsten Spohr.
BSS/AFP/MSY/1140 hrs