keesje
Posts: 8864
Joined: Thu Apr 12, 2001 2:08 am

Lufthansa Q1 Loss Eur400 Million ($460)

Tue May 13, 2003 11:37 pm

Lufthansa is expected by German financial analysts to disclose an
operational loss of as much as eur400 million ($460 million), up from prior
estimates of eur340 million, when it presents first-quarter results tomorrow,
Frankfurter Allgemeine Zeitung reported.


What will be done to cut costs ?
"Never mistake motion for action." Ernest Hemingway
 
keesje
Posts: 8864
Joined: Thu Apr 12, 2001 2:08 am

RE: Lufthansa Q1 Loss Eur400 Million ($460)

Wed May 14, 2003 12:30 am

Some more news ....

http://quote.bloomberg.com/apps/news?pid=nifea&&sid=aSSr0i6dnnH4

What will happen to the $$$$ connexxion investments ?

"Never mistake motion for action." Ernest Hemingway
 
DoorsToManual
Posts: 1453
Joined: Sat Apr 19, 2003 12:28 am

RE: Lufthansa Q1 Loss Eur400 Million ($460)

Wed May 14, 2003 12:36 am

This is not good news coming from one of Europe's stronger carriers; everyone seems to be making losses at the moment, hopefully LH will pull through soon. A shame about the Gulf and SARS....