Air Transport World

Lufthansa.(EUROPE Report)(Deutsche Lufthansa AG revenue report)(Financial report)(Brief article)

Lufthansa reported a net profit of [euro]1.66 billion ($2.56 billion) for 2007, more than double the [euro]803 million earned in the prior year, on a 13% rise in revenue to [euro]22.4 billion, both records for the group as results were boosted by a book gain of about [euro]503 million from the sale of its shares in Thomas Cook.

Chairman and CEO Wolfgang Mayrhuber noted that the results were achieved despite high fuel prices, economic uncertainty and stiff competition. They include Swiss International Air Lines earnings for the second half of 2007, the first time those numbers have been incorporated into LH's full-year figures. …

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