Strikes Cost Lufthansa Group $375m In First Quarter

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Lufthansa Group, whose airlines were profitable in 2023, began 2024 with an unfortunate quarter, as labor action heavily weighed down its results in Q1 2024. The airline group said that strikes had a negative financial impact of around 350 million ($374.6 million), with Lufthansa still remaining positive about the remainder of the year.

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