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Lufthansa Group operating loss more than doubles, net loss improves in 1Q2012

3-May-2012 1:02 PM

Lufthansa Group reported (02-May-2012) a widening operating loss from EUR169 million in 1Q2012 to EUR381 million despite a 5.6% year-on-year increase in revenue to EUR6300 million for the three months ended 31-Mar-2012. The group also reported a net loss of EUR397 million, compared to a net loss of EUR507 million in the previous corresponding period, based on preliminary results. Lufthansa is scheduled to release its full 1Q2012 results on 03-May-2012. [more – original PR]