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Lufthansa issues profit warning as terror attacks hit demand

Air
Rob Gill
21 July 2016

Lufthansa Group has issued a profit warning as terrorist attacks have reduced demand for long-haul flights to Europe.

Lufthansa jets

Lufthansa and its other brands are bringing a greener fares option to long-haul

The largest airline group in Europe also said it was cutting its profit forecast for 2016 to below the previous year’s results “due to increasing political and economic uncertainties”.


“Advance bookings, especially on long-haul routes to Europe, have declined significantly, in particular due to repeated terrorist attacks in Europe and to greater political and economic uncertainty since the original forecast was made in March,” said Lufthansa in a statement to investors.