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Lufthansa reports loss as high fuel cost, overcapacity weigh

Germany’s biggest airline Lufthansa posted a loss for first three months of the year, hurt by rising fuel cost and overcapacity in Europe.

The company said in a statement on Monday evening that adjusted earnings before interest and tax (EBIT) fell to -336 million euros (-$ 380 million), compared to 52 million euros a…
Business News

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