Lufthansa Narrows Losses as Bookings Rise

Lufthansa has posted much improved financial results on the back of strong passenger demand for summer flights.

The German airline giant reported adjusted losses of €273m for the first quarter of its financial year and a 40% jump in revenue to just over €7bn.

The loss figure was down from a loss of €577m for the same quarter last year.

Lufthansa said it expects a strong performance over the summer months and a continued financial performance for the whole of its current financial year.