|
|
|
|
|
Lufthansa CEO - high oil price, weak US dollar not causing heavy financial burden
Lufthansa CEO - high oil price, weak US dollar not causing heavy financial burden10-Apr-2008 |
Airline Code [DLH]
View More Lufthansa News 
Tags :Financial News, Lufthansa (XFN Asia) Deutsche Lufthansa AG Chief Executive, Wolfgang Mayrhuber, stated that high oil prices and a weaker US dollar are not causing a heavy financial burden for the company as, because oil is priced in dollars, the two factors help offset one another.
Mr Mayrhuber added "On top of that, we do not only reap revenues in dollars but also have considerable costs in the same currency. Therefore the decline of the US currency in this respect does not affect us so much" |
Other Lufthansa News
|
