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Lufthansa Group revenue up 24.9% for nine months ended Sep-2010

28-Oct-2010 1:53 PM

Lufthansa Group announced (27-Oct-2010) the group registered a 24.9% year-on-year increase in revenue to EUR20,200 million and an improvement in operating profit of EUR612 million in the nine months ended 30-Sep-2010. The group also reported a net profit of EUR524 million, up from the EUR31 million registered in the previous corresponding period. Lufthansa's Executive Board also revised its expectations for the earnings development upwards and now anticipates that the operating result for the full year will exceed the EUR800 million mark, in view of the course of business to date and current stable demand. The carrier is scheduled to release its full 3Q2010 results on 28-Oct-2010. [more]