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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.409 EUR | -2.33% |
|
-9.63% | -20.20% |
| 11:32am | DEUTSCHE LUFTHANSA : Allowing for the downgraded 2024 guidance |  |
| 11:32am | DEUTSCHE LUFTHANSA : Lufthansa has slashed its 2024 outlook due to strike hits and capacity negatives | |
BERLIN (Reuters) - Lufthansa Chief Executive Carsten Spohr said on Monday that flight prices will never return to where they were before the pandemic, forecasting stable or increasing prices in future.
Tickets selling for under 20 euros was irresponsible and too low, Spohr said at an event in Berlin. The industry needed rising prices to finance greater investment and be more resilient to shocks like the COVID-19 pandemic, he added.
Still, a recession was to be expected at this stage in Germany, the chief executive warned, which would dampen consumer demand.
(Reporting by Klaus Lauer; Writing by Victoria Waldersee; Editing by Bill Berkrot)
| 1st Jan change | Capi. | |
|---|---|---|
| -20.20% | 8.35B | |
| +15.96% | 29.91B | |
| +5.43% | 24.58B | |
| -5.18% | 19.2B | |
| +20.32% | 16.62B | |
| -27.53% | 13.94B | |
| -0.53% | 13.49B | |
| +29.37% | 12.7B | |
| -22.36% | 11.89B | |
| +2.35% | 9.84B |
LUFTHANSA 
