FRANKFURT (Reuters) – German airline group Deutsche Lufthansa (ETR:) on Friday slashed its earnings guidance for the year, citing low yields.
Lufthansa now expects adjusted 2024 earnings before interest and taxes between 1.4 billion euros ($1.5 billion) and 1.8 billion, down from a previous target of about 2.2 billion, it said in a statement.
($1 = 0.9186 euros)
