Air Transport World

Lufthansa.(EUROPE Report)

Lufthansa earned [euro]554 million ($755.7 million) in its first quarter ended March 31 and said it will achieve a [euro]1 billion full-year operating profit assuming "the current positive framework conditions remain intact." It said its first-quarter profit, reversed from a [euro]98 million loss in the year-ago quarter, was owing largely to a [euro]499 million gain from the sale of its 50% stake in Thomas Cook AG along with a [euro]36 million profit at Swiss International Air Lines. …

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