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  • Lufthansa said it would undergo "far-reaching" restructuring as the airline posted a first-quarter net loss of 2.1 billion euros ($2.3 billion) on Wednesday, hammered by the global pandemic. "Global air traffic has come to a virtual standstill in recent months. This has impacted our quarterly results to an unprecedented extent. "In view of the very slow recovery in demand, we must now take far-reaching restructuring measures to counteract this," board chairman Carsten Spohr said in a statement. ys/kaf/jah
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  • Lufthansa reports net loss of 2.1 bn euros in first quarter
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