10-Mar-2011 4:21 PM
Lufthansa reports preliminary profits; Aer Lingus shares bounce back
Analysis
Lufthansa reported a preliminary revenue increase of 22.4% year-on-year to EUR27,300 million and a 574% surge in operating profit to EUR876 million in 2010. The carrier also returned to a net profit at EUR1100 million, compared with a loss of EUR34 million in 2009. Shares in the carrier were up 2.7% in trading on Wednesday. Lufthansa is scheduled to release its full annual report on 17-Mar-2011.
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