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Lufthansa 9 month net loss of euro32 million

Lufthansa 9 month net loss of euro32 million

German airline Deutsche Lufthansa AG says it lost euro32 million in the first nine months of the year, as the economic downturn weighed on travel demand.
The loss compares with a net profit of euro529 million in the January-September period of 2008.
Germany's biggest airline says revenue for the period fell 13.2 percent to euro16.2 billion compared with nearly euro19 billion in the year-ago period.
The company achieved an operating profit of euro226 million in the first nine months, 76 percent below the operating result of euro954 million in 2008.


Updated : 2021-01-25 04:19 GMT+08:00