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Lufthansa closes in red

Frankfurt, Germany - Confirmed the negative results of the German airline

Sad the first nine-months results of the German vector's budget, which closed with a net loss of EUR 409m, compared to a positive EUR 344m, recorded for the same period of time, last year. The operating budget was as well disappointing, recording EUR -154m for the first nine months of 2003; while in 2002 it was EUR +790m. Even if the operating budget dropped to EUR 200m in the third quarter, the company...

AVIONEWS - World Aeronautical Press Agency - 55030

AVIONEWS - World Aeronautical Press Agency
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