Lufthansa Cargo today reported first-quarter revenue of $905 million, a drop of 30% from Q1 2022. Adjusted EBIT of $166.8 million was 69% lower than Q1 2022. WHY IT MATTERS: Following record results for three consecutive years, the airline’s former Chief Executive Dorothea von Boxberg announced that its steady rise would likely not continue into 2023. […]
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