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Lufthansa looks at its profit rising
Berlin, Germany - Operating profit rose about ten time in 2004 compared to the previous year
German flag carrier Lufthansa reported a strong increase in full-year profit related to its operations in 2004 as revenues rose more than ten time compared to the previous year: EUR 380m against EUR 36m in 2003. At the origin of the result there are both air traffic recovery and cost cut. Lufthansa said its 2004 net income was EUR 400m compared with a loss of EUR 984m in 2003 that was mainly due to...
AVIONEWS - World Aeronautical Press Agency - 115470
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency