Posted on
4th March 2021
By Edward Robertson
The Lufthansa Group has reported an operating loss of €5.5 billion but is anticipating strong growth in demand this year.
The group, which consists of Lufthansa, Swiss, Austrian Airlines and Brussels Airlines, saw revenues drop from €36.4 billion in 2019 to €13.6 billion in 2020 with an operating cash drain in Q4 2020 of around €300 million a month.