Air Transport World

Lufthansa.(EUROPE Report)(sales and earnings of Deutsche Lufthansa AG)(Financial report)(Brief article)

Lufthansa posted a [euro]57 million ($90.9 million) first-quarter profit that compared favorably to the [euro]55 million it reported in the year-ago quarter minus a [euro]449 million book gain on the sale of its stake in Thomas Cook. Group revenue rose 19% to [euro]5.59 billion. Profit from operating activities soared to [euro]241 million from [euro]56 million. EBIT fell 31.7% to [euro]110 million from [euro]161 million.

Chairman and CEO Wolfgang Mayrhuber said LH is "on the right course. We are standing out from the crowd and have reached a respectable cruising altitude. …

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