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Lufthansa loses dozen million Euros

Berlin, Germany - However revenues exceed forecast

Lufthansa, the greatest German airline, lost EUR 98m in the first quarter of 2006, compared to EUR 116m lost in the same period last year. Its operating loss instead widened from 26m to 75m. Losses are caused, obviously, by high oil prices and consequent fuel expenses, which increased by 64% registering EUR 751m. However, the carrier’s Board makes known that results are in line with their expectations a...

AVIONEWS - World Aeronautical Press Agency - 140975
Rome, Italy, 05/16/2006 17:48
AVIONEWS - World Aeronautical Press Agency

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