Lufthansa lifts Group result and confirms outlook Wolfgang Mayrhuber:

Frankfurt (LUFTHANSA)  - Lufthansa put in a sturdy performance in the first three months of 2006 despite record-level oil prices. In the traditionally weak first quarter, the Group result improved by 15.5 per cent to -98 million euros. The operating result totalled -75 million euros (previous year: -26 million euros). Adjusted for changes in the group of consolidated companies, the operating result would have been -47 million euros. "The result is in line with our expectations. The first quarter is normally weak in the airline business," said Lufthansa Chairman and CEO Wolfgang Mayrhuber, presenting the quarterly figures. "Lufthansa is staying on course despite a headwind. Even with an oil price of more than 70 dollars per barrel, our strategy is helping with innovative products to convince and gain new customers." The Lufthansa Chairman is looking confidently to the full year and is still expecting an operating result at least on a level with the previous year's (2005: 577 million euros).