Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Lufthansa Posts H1 Profit Of US$327 Million  
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13756 posts, RR: 18
Posted (13 years 9 months 2 weeks 4 hours ago) and read 3676 times:

Deutsche Lufthansa AG - A Star Alliance Member - The Airline Network For Earth - has unveiled profits in H1 of €332 000 000 / US$325 028 000 - surpassing analysts expectations.

Analysts were expecting a H1 profit of €192 000 000 / US$187 968 000. Revenue rose 4.7% to €8 200 000 000 / US$8 027 800 000. In FY01H1, Lufthansa posted a loss of €27 000 000 / US$26 433 000.

Lufthansa already raised it's profit expectations from €400 000 000 to €500 000 000 / US$489 500 000. However, the airline says if the German economy picks up in H2, it could be higher.

"I think the outlook does look already very conservative, taking into account that normally the first half is the weaker half of the year," Bankhaus Metzler analyst Juergen Pieper said. "There's good reason to believe that second half conditions will be better than the first half conditions."

More information at the Financial Times website and the IWON website

Information was gathered from the above hyperlinked webpages. Full information can be viewed by clicking the two above hyperlinks. Currency conversion from €uros to US Dollars courtesy of the Singapore Airlines Currency Converter

Anyone can fly, only the best Soar.
4 replies: All unread, jump to last
User currently offlineGodbless From Sweden, joined Apr 2000, 2753 posts, RR: 15
Reply 1, posted (13 years 9 months 2 weeks 1 hour ago) and read 3635 times:

Great news from a great airline!

It seems that in Europe Air France and Lufthansa seem to be the airlines that have very well coped with the new situation post 9/11.


User currently offlineVermeer From United States of America, joined May 2000, 447 posts, RR: 4
Reply 2, posted (13 years 9 months 1 week 6 days 23 hours ago) and read 3611 times:

well done for LH.

I am always surprised by how quickly ( and sometimes very conservatively) they react to market realities and how carefully they try to seize new market opportunities.
Now, time to redo this bloody tight C class....

User currently offlineN751PR From Japan, joined May 2002, 1251 posts, RR: 1
Reply 3, posted (13 years 9 months 1 week 6 days 23 hours ago) and read 3609 times:

yes it is great to see LH pull a profit during this recession. Good job LH!

"Ladies and Gentlemen it's happy hour. You will get two approaches for the price of one."
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13756 posts, RR: 18
Reply 4, posted (13 years 9 months 1 week 6 days 22 hours ago) and read 3586 times:

Correction, the term profit implies operating profit. Net loss came to €27 000 000

Anyone can fly, only the best Soar.
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...
KLM Posts Q2 Profit Of US$83 Million posted Thu Oct 24 2002 14:23:42 by Singapore_Air
Asiana Airlines Posts Q2 Profit Of US$58 Million posted Tue Jul 23 2002 17:22:20 by Singapore_Air
Lufthansa Posts Q1 Loss Of US$184 Million posted Wed May 15 2002 12:08:00 by Singapore_Air
Iberia Posts FY Profit Of US$4.2 Million posted Fri Jan 25 2002 17:25:01 by Singapore_Air
Virgin Atlantic Makes H1 Profit Of US$28M / £15M posted Fri Oct 27 2006 15:57:09 by Singapore_Air
SIA Unveils H1 Profit Of US$553.4M + A380 Delivery posted Fri Oct 27 2006 11:12:35 by Singapore_Air
Virgin Atlantic Makes Profit Of US$173.6 Million posted Tue May 9 2006 12:01:12 by Singapore_Air
US Airways Posts Q2 Loss Of US$62 Million. posted Fri Jul 29 2005 16:04:05 by 7LBAC111
Cathay Pacific Unveils H1 Loss Of US$160 Million posted Wed Aug 6 2003 08:23:56 by Singapore_Air
China Airlines Posts 2002 Profit Of US$89.544 Mil posted Mon Apr 21 2003 16:42:55 by Singapore_Air