Air Transport World

Lufthansa Cargo. (Cargo).(Brief Article)

Lufthansa Cargo racked up its best annual results since becoming a separate entity in 1994. Net income soared to [euro]1 68 million ($180 million) in 2002 from [euro]66 million in 2001 as operating costs were slashed 6.9%. Annual revenue of [euro]2.35 billion was enhanced by book profits of [euro]400 million from the sale of its 25% stake in DHL Worldwide Express. …

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