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Jul 30 2019, 07:05 IST/BST
Lufthansa
Q2 broadly in line; guidance unchanged
DAVY VIEW
Lufthansa has delivered a broadly in-line Q2 and reiterated the 2019 outlook headline comment from June. However, we note the commentary highlights risk, notably H2 visibility on short-term bookings (especially in the premium cabin) and Q4 in the logistics business. We also note that capacity in Eurowings (down 0.4% in Q2, -0.8% in short haul) has been slightly reduced for the full year to -1% (from c.0%).
