LUFTHANSA REPORTS NET LOSS IN FIRST QUARTER

Highlights –

• Lufthansa reported a net loss of $2.3 billion in the first quarter.
• It confirmed a loss before interest and tax of $1.34 billion in the first three months.
• The German airline awaits a decline in 2020 earnings before interest and tax.
• The German government plans to take a 20% stake in the airline to aid it.

Due to the ongoing pande....