News > Lufthansa bolstered by leisure travel demand, but costs bite

Lufthansa bolstered by leisure travel demand, but costs bite

German airline group Deutsche Lufthansa gave an upbeat forecast for travel demand, especially in lucrative premium classes, but its share price slumped as investors worried high costs could eat into profits. Unit costs at Lufthansa rose from a year earlier in the quarter through June, which comes after rival Air France last month revised up its forecast for costs this year. Shares in Lufthansa were 5.4% lower at 3.35 euros by 0845 GMT.