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Lufthansa: Profits will dip in 2017 due to fuel costs, lower fares

Lufthansa: Profits will dip in 2017 due to fuel costs, lower fares

Frankfurt (dpa) – Lufthansa said Thursday that its profits are likely to decline slightly this year due to rising fuel costs and lower flight fares. The German carrier said efforts to reduce costs would not be enough to offset an expected 350-million-euro (375-million-dollar) increase in fuel costs and pressure to reduce tickets prices. “In 2017 it…

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Frankfurt (dpa) – Lufthansa said Thursday that its profits are likely to decline slightly this year due to rising fuel costs and lower flight fares. The German carrier said efforts to reduce costs would not be enough to offset an expected 350-million-euro (375-million-dollar) increase in fuel costs and pressure to reduce tickets prices. “In 2017 it…


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