Air Transport World


Lufthansa's first-half pretax profits rose 134% to Dm928 million ($513 million), underlining its position as one of Europe's most profitable carriers since being fully privatized a year ago, when the government sold its remaining stake. Lufthansa attributed its spectacular results primarily to lower fuel prices, strong passenger growth and lower costs-including emerging fruits of its Star Alliance. Including extraordinary income from the sale of its stake in Hapag Lloyd amounting to Dm377 million, pretax profit totaled Dm1.3 billion.

Revenues for the first half ruse 7. …

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