Lufthansa sees delayed recovery after $8.1-bn loss

Deutsche Lufthansa AG posted a record $8.1-billion annual loss and said it will take longer than previously anticipated to achieve a full recovery from the corona crisis. Europe’s biggest airline group said Thursday it will struggle to make money on flights before the end of this year as it dials back capacity plans. CEO Carsten Spohr said there could still be a revival this summer, but only if the pace of jabs allows international curbs to be eased.