Lufthansa (DLAKY.PK) thinks a round of harsh cuts in costs and new profit-boosting initiatives...

|By:, SA News Editor

Lufthansa (DLAKY.PK) thinks a round of harsh cuts in costs and new profit-boosting initiatives will help it improve its results this year. The carrier reported a loss of €359M for Q1 on revenue of €6.63B (-0.1% Y/Y).