Q1 2019 Deutsche Lufthansa AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. My name is Emma, your Chorus Call operator. Welcome, and thank you for joining the conference call of Deutsche Lufthansa AG. (Operator Instructions)
I would now like to turn the conference over to Dennis Weber, Head of Investor Relations. Please go ahead.
Yes. Good morning, ladies and gentlemen. Welcome to the presentation of Lufthansa Groups results for the first quarter of 2019.
My name is Dennis Weber, and I head up Lufthansa's Investor Relations activities. In today's call, our CFO, Ulrik Svensson, will give you an update of the group's performance and outlook. He will then answer your questions. Ulrik, over to you.
Thank you, Dennis. Ladies and gentlemen, a warm welcome from me too. The beginning of the year has been challenging for Lufthansa Group. First and foremost, excessive supply growth in our short-haul business
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