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LUFTHANSA FORECASTS A 25% REDUCTION IN 2001 PROFITS

FRANKFURT, GERMANY, According to German flag carrier Lufthansa sources, many factors, like increase in fuel costs and rise of about 30% of pilot's payment, for which they have striked three times in the last month, are the causes that forecast for an almost 25% reduction of carrier's profit in the current year. The fist expectations have defined, before this reduction, the operative profit at 1...

AVIONEWS - World Aeronautical Press Agency - 13979

AVIONEWS - World Aeronautical Press Agency
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