Lufthansa Slumps to First-Quarter Loss With Fuel Costs Increasing - EcoFinBiz Blog

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Lufthansa Slumps to First-Quarter Loss With Fuel Costs Increasing

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(Bloomberg) -- Deutsche Lufthansa AG reported a first-quarter loss because of rising fuel costs and downward pressure on fares, sending the stock plunging in a sign of deepening industry woes after the German airline cut its growth plans last month.

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