The Turbulent Flight of Lanser: A Dive into Financial Challenges

Have you ever wondered what it's like when a major airline hits a financial nosedive? On Wednesday, Lanser gave investors a stark reminder of the volatility in the airline industry, reporting a group net result of around $57 million for the second quarter—a staggering drop of nearly half compared to the same period last year. But the turbulence doesn't end there.