Lufthansa warns markets

Lufthansa today urged caution on its 2015 profit due to pilot strikes and reduced bookings during the first half of the year, which has caused its shares to fall 2% – all as it reported a narrowed first quarter operating loss. However, the pilot strikes will cost Lufthansa €100 million in lost profit and bookings for the first half of 2015. Lufthansa reported an adjusted EBIT loss of €167 million for the quarter from €252m for the period last year, with lower fuel prices responsible for the narrowed loss on the same quarter last year but with much of the