Lufthansa expects 2008 operating result of EUR 1.3 billion

Lower revenues associated with a noticeable slowdown in demand were offset by cost reductions as a result of the decreasing fuel price and favorable valuation effects.

The market environment has evolved poorly, however, with overall demand persisting at lower levels. As a result, the further business development is now afflicted by significantly higher than usual risks. Lufthansa will continue to closely observe the situation as it develops and react with the necessary measures.

The 2008 Full Year results as well as the Annual Report will be published on 11-Mar-09.


(c) Centre for Asia Pacific Aviation. Date posted: 04-Feb-08
 

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