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Lufthansa plans to improve earnings by at least EUR1.5 bn through 'SCORE'

8-Feb-2012 2:22 PM

Lufthansa CEO Christoph Franz stated the carrier plans to improve earnings by at least EUR1.5 billion through 2014, through a further integration of its brands. According to dpa-AFX reports, the carrier stated the targeted earning enhancement programme, named SCORE (Synergies, Costs, Organisation, Revenues, Execution), focuses predominantly on "synergy effects, cost reductions, structural adjustments and sustainable revenue growth". He continued: "We need considerably improved results to finance investment in our fleet, innovative products for our customers and prospects for our employees".