Air Transport World

Lufthansa Group.(Europe report)(net loss)(Brief Article)

Lufthansa Group reported a preliminary net loss of 980 million [euro] ($1.22 billion) for 2003, which included 800 million [euro] in "extraordinary amortization of goodwill and depreciations of fixed assets," 700 million [euro] of which was attributed to the LSG Sky Chefs Group. Operating profit in the fourth quarter totaled 180 million [euro], restoring an operating profit for the full year of 30 million [euro]. …

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