Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
LH Raises Profit Forecast To A 44% Increase  
User currently offlineA319XFW From , joined Dec 1969, posts, RR:
Posted (10 years 4 months 2 weeks 5 hours ago) and read 1929 times:

Lufthansa has returned to profit after huge losses in 2003
German airline Lufthansa has said it expects its profit for 2005 to rise by 44%, helped by record passenger traffic of 51.3 million passengers last year.
It hopes to post an operating profit of about 550m euros ($660m; £378m), up from 383m euros in 2004.


Seems like in the days of fuel prices, airlines going bankrupt/into Chapter 11, there are still airlines that can make quite a large (operating) profit!
And this in the year they aquired Swiss.

And unless of course their year ends 31st March (end of tax year - when they might post it?) it seems like another large company isn't posting their results until a few weeks after the new year started....

2 replies: All unread, jump to last
User currently offlineTrex8 From United States of America, joined Nov 2002, 5556 posts, RR: 14
Reply 1, posted (10 years 4 months 2 weeks 5 hours ago) and read 1919 times:
Support Airliners.net - become a First Class Member!

just imagine, if they didn't have those "lousy, inefficient" A343s and A346s, they would have probably doubled their profit by using the other manufacturers product according to some people here at a.net! Smile

User currently offlineIntothinair From Germany, joined Mar 2005, 392 posts, RR: 2
Reply 2, posted (10 years 4 months 2 weeks 1 hour ago) and read 1830 times:

I suspect this was not all due to the slight increase in total passenger numbers in 2005 but rather its "King Class" in other words F class which in the first 6 months increased bookings by 20, yes 20%.

Cheers, Konstantin G.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
QF Raises Profit Forecast posted Fri Dec 1 2006 06:01:56 by 2wingtips
LH And 4U Need To Increase Pressure On Ryanair posted Tue Aug 12 2003 01:16:30 by DoorsToManual
FRA - LH Lounges - Which One To Go To? posted Sun Dec 3 2006 18:10:39 by Ansett767
El Al Q3 Net Profit Down To $1.8m From $52m posted Wed Nov 29 2006 20:43:51 by El Al 001
QF Reports Profit And To Keep A380 Order posted Mon Oct 23 2006 15:02:04 by Mptpa
Rumour: AF Or SS, LH, KL Or MP To SJO In 2007 posted Sun Oct 22 2006 04:46:09 by Tomascubero
LH And Air China To Build A380 Hangar posted Fri Sep 22 2006 15:55:23 by Manni
Singapore Airlines Q1 Net Profit Up To S$575M posted Tue Aug 1 2006 11:15:09 by Singapore_Air
LH With New A346 To IAH posted Sat Jul 29 2006 23:51:47 by Bolu340
Air NZ Shares Up As Profit Forecast Reinforced posted Sat Jul 1 2006 05:16:20 by 777ER