Lufthansa suffers turbulence with €336m loss in first quarter

Excess seat capacity and rising fuel prices leaves German airline recording high negative
Lufthansa has become the latest European airline to reveal it is suffering financial turbulence and said it would make a €336m (£290m) loss for the first quarter of 2019.The German group said a combination of excess seat capacity across the industry and rising fuel prices had impacted its earnings, turning the €52m profit it made for the same period last year into an unexpectedly high negati