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Lufthansa: already covered 50% of the oil requirement for 2005

Frankfurt, Germany - In order to try diminishing the risks that can derive from the continuous increase of the crude oil

Today Chief Executive of the third European carrier, Lufthansa has declared in Bloomberg, that the company would have covered 50% of the requirements of oil for 2005, in order to lighten the deriving risks of the continuous fluctuating of the crude oil price. In this way also if the high oil cost will weigh however on the profits of the company, Lufthansa has placed in one more favorable position regarding...

AVIONEWS - World Aeronautical Press Agency - 102467
Rome, Italy, 08/31/2004 17:06
AVIONEWS - World Aeronautical Press Agency

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