Lufthansa’s Low-Cost Subsidiary Blunts Profit


Skift Take

This winter is going to be a difficult one for Europe's aviation sector, but Lufthansa's mostly solid business, despite Eurowings, means that it can weather the challenging operating environment better than most.

Lufthansa is having problems with its low-cost Eurowings unit, blaming it on Tuesday for a fall in earnings. The European airline giant saw net profit between between January and September fall 6 percent to $2 billion (€1.7 billion.) Revenue during the same period rose 1 p