Showing 1 - 2 of 2
Flight test
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.
Global airline industry: Unprofitable
Jon Fernquest, Published on 13/02/2012
» Thai Airways will lose money this year like many other airlines, only the 2nd time in its 51-year history. Airlines are rarely very profitable businesses.