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Airplanes and finance. Lufthansa Group: 2016 again with good result
Frankfurt, Germany - And forecast for 2017
Lufthansa Group unveiled the financial results 2016 and forecast for 2017. Financial results 2016 • Adjusted EBIT of EUR 1.75 billion including strike cost of EUR 100 million in line with the guidance and broadly on last year’s record level • Earnings mainly driven by positive development of passenger airlines • Total costs decline faster than fuel costs • Net indebtedness reduced by 19 per...
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