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Lufthansa CEO expects next year to remain a transition year, facing issues with oil prices and its fleet.
Deutsche Lufthansa AG CEO Carsten Spohr predicted that next year will remain a transitional year for the company due to challenges such as uncertain aircraft deliveries, high oil prices, and domestic cost pressures, which will force the airline to improve efficiency.
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24H Trending
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WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
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Gold fell 2.66% from its previous close, currently trading at $3,881.04.
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The yield on the 30-year US Treasury bond rose by about 8 basis points from the previous close, currently standing at 5.44%.
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The 10-year US Treasury yield rose by about 8 basis points from the previous close, currently standing at 5.08%.
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Citadel Securities has poached Matthew Zimmerman from Diameter Capital Partners to head investment-grade corporate bond trading.
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Microsoft services suffer widespread outage impacting thousands of users in North America; Amazon Web Services and Google users also report disruptions
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September Ethereum Price Outlook: Can Polymarket's $2,600 Target Be Achieved?
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