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Lufthansa: EUR 633m net losses in 2001

Frankfurt, Germany - "2002 will show big improvements over 2001" - CEO

Germany's leading airline, Lufthansa, claimed that it was "on the way up" after reporting an operating profit of EUR 28m (USD 25.1mn) last year. 2001 net losses were EUR 633m -Eur 689m gains in 2000. The 2001 operating profit, although welcomed by the company, represents a big downturn from the EUR 1.04bn of 2000. Lufthansa forecast that 2002 would show big improvements over 2001. The airline's operating...

AVIONEWS - World Aeronautical Press Agency - 27116
Rome, Italy, 04/26/2002 14:21
AVIONEWS - World Aeronautical Press Agency

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