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Lufthansa Announces Q3 Operating Profit Of US$230M  
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13742 posts, RR: 19
Posted (10 years 10 months 1 week 6 days 23 hours ago) and read 2976 times:

Deutsche Lufthansa AG - a Member of Star Alliance - has announced an operating profit of €200 million / US$229.79 million - below the market expectation of an operating profit of €275 million / US$315 947 500. It also reported a nine month operating loss of €154 million / US$176 930 600.

Net loss for the first nine months of 2003 came at €409 million / US$469 900 100 while the pre-tax loss was €366 million / US$420 497 400.

"Lufthansa Chief Executive Wolfgang Mayrhuber is expected to give details on a plan to cut costs in European traffic on Wednesday, when he will also be grilled on plans for tourism firm Thomas Cook AG, which Lufthansa owns with KarstadtQuelle (KARG)."

More information at the IWon / Reuters website

Information was gathered from the above hyperlinked webpage. Further information can be viewed by clicking the above hyperlinked webpage. Currency conversion from €uropean €uros to U.S.A. Dollars courtesy of the Singaporeair.com Currency Converter


Anyone can fly, only the best Soar.
2 replies: All unread, jump to last
 
User currently offlineLhr001 From , joined Dec 1969, posts, RR:
Reply 1, posted (10 years 10 months 1 week 6 days 23 hours ago) and read 2968 times:

If you bought every airline available you would make a profit as well!

User currently offlineFraT From Germany, joined Sep 2003, 1107 posts, RR: 1
Reply 2, posted (10 years 10 months 1 week 6 days 23 hours ago) and read 2965 times:

Which Airline are you referring to????

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