Air Transport World

Lufthansa Group.(Europe report)(Brief Article)

Lufthansa Group earned 125 million [euro] ($161.2 million) in the third quarter compared to a 17 million [euro] loss last year, while operating profit rose to 218 million [euro] from 200 million [euro]. Revenues grew 5.3% to g4.45 billion. For the first nine months of 2004, the group netted 164 [euro] versus a loss of 409 million [euro] in 2003 as revenue rose 7.7% to 12.7 billion [euro].

Executive Board Chairman and CEO Wolfgang Mayrhuber cautioned that expected full-year operating profits of 300 million [euro] will not suffice in the long term. …

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