Highway to Hell Yeah

Small profit for Lufthansa Group



Lufthansa Group returned to operating profit during the first six months of 2011, despite being hit by the rising price of oil and the political crises in North Africa and the Middle East.


The group, which also includes bmi, reported a profit of 3m Euros during the period, compared with a loss of 171m Euros for the same period in 2010.


Sales were up by 11.4% from 12.6bn Euros to 14.1bn Euros during the half year.


Lufthansa board member Stephan Gemkow said: "Lufthansa remains among the profitable airlines in the world even after strong headwinds.  All our business segments are continuing to work hard to extend the gap to our competitors."


Bmi and Austrian Airlines, also owned by the group, were worst affected by the events in north Africa and the tsunami in Japan.

Friday, July 29, 2011



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story
Code Request a new picture 5 characters



NOTE: Comments are subject to admin approval before being posted.
Mole Poll
"Tourism industry says 'yes' to EU - 82% want to stay in Europe" - Agree ? UK should stay in ?
YES 50 %
NO 50 %

Thank you for your vote



Get Adobe Flash player
LATEST MOLES' GALLERIES
UPCOMING EVENTS
Sponsored features

Discover the Eastern & Oriental (E&O) Hotel in Penang



Established by the famed Sarkies Brothers in 1885, the Eastern & Oriental (E&O) Hotel in Penang is the only hotel in the heart of the George Town UNESCO World Heritage Site that possesses prime sea frontage. Today, the luxurious 228 all-suite hotel stands as the grand dame of heritage hotels, its distinctive classic elegance and grace of service enhanced with time.

For more information, visit www.eohotels.com

\m