Air Transport World

Lufthansa Cargo AG.(Cargo)(Brief Article)

Lufthansa Cargo AG attributed a sharp plunge in 2003 pre-tax earnings from 582 million [euro] ($716.1 million) to 15.8 million [euro] to "difficult" conditions in a market characterized by surplus capacity. The company suffered an operating loss of 16 million [euro] after a 128 million [euro] operating profit in 2002. …

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