Lufthansa, the German airline, has announced a post-pandemic dividend after doubling its profit in 2023. However, the company dropped its 2024 operating margin target to 7.6% due to rising costs. Labor strikes have cast a shadow on the airline's first-quarter earnings rebound, with Lufthansa warning of widening operating losses in the first quarter and providing a subdued outlook for 2024.
WATCH: Lufthansa warned on Thursday its operating losses in the first quarter will widen and gave a subdued outlook for 2024 as the German airline struggles with costly labor disputes https://t.co/2FUVOFTpVM https://t.co/N06vXDXY5q
Lufthansa warned on Thursday its operating losses in the first quarter will widen and gave a subdued outlook for 2024 as the German airline struggles with costly labor disputes https://t.co/2TAGJPO2eR https://t.co/9KysFLK6go
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