Lufthansa's profit expanded 40% in '98 amid cost-cutting

Article Abstract:

Lufthansa announced a 40% improvement in its pretax profits in the 1998 year. The carrier's profits rose to more than 2.4 billion deutschemarks ($1.3 billion) for the year. Lufthansa's revenues also increased 4.6% to 22.6 billion deustchemarks. The carrier stated that it planned to implement a 22% increase in its dividend, from 90 pfennig to 1.10 marks. Analysts believe that the plan was a show of confidence by Lufthansa's management.

Comment:

Announces 40% improvement in its pretax profits in the 1998 year

Abstract

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Lufthansa's net tumbles 90%, but beats estimates

Article Abstract:

Lufthansa posted a decline of 90% in its net profits for the first nine months of 2001. The carrier posted 65 million euros in net profits for the period.

Profit, Profits

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Lufthansa's profit plummeted 95% in the first quarter

Article Abstract:

Deutsche Lufthansa posted a decline of 95% in its profits for the 2001 first-quarter. The carrier posted 5 million euros in quarterly operating profits.

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