Lufthansa Group reports revenue of EUR12.1 billion

This reflects the altogether stable operating performance and an earnings contribution of EUR 157million from the fully consolidated SWISS. Net profit for the period came to EUR 402million. Last year's figure of EUR 992million included book gains from the sale of the Thomas Cook stake (EUR 503million) and the share buy-back by WAM Acquisition S.A. (EUR 71million).

The Executive Board continues to expect that for the full year 2008 it will follow up on last year's operating result. Risks lie in a renewed and lasting increase in fuel prices, a sustained decline in the world economy and acute in the as yet unforeseeable effects of the strike actions in the course of ongoing wage negotiations.


(c) Centre for Asia Pacific Aviation. Date posted: 30-Jul-08
 

Other Lufthansa News

• Lufthansa launching flights from Munich to Iraq
• Lufthansa Cargo reduces short-time working to 20 per cent
• Lufthansa is planning flights to Iraq
• Germanwings flies with Lufthansa Systems’ navigation charts
• David Albaiceta named new GM Asia Pacific at Lufthansa Cargo Charter
• AeroMobile hails "transformational" Lufthansa deal
• FlyNet takes off again: Lufthansa relaunches inflight Internet
• First Embraer 195 jet is delivered to Lufthansa Cityline
• Lufthansa inks codeshare pact with JetBlue
• Lufthansa expands its services to Africa