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Asia focus, Erich Parpart, Published on 22/07/2019
» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.