Lufthansa Group turned in a net profit of €1.78 billion ($1.90 billion) in 2016, up 4.6% on the previous year’s figure of €1.70 billion, the Germany-based organization said March 16. It achieved the profit on turnover down 1.2% at €31.6 billion. “In a very demanding market environment we successfully kept the Lufthansa Group’s margins at their record prior-year levels, through consistent capacity and steering measures and, above all, through our effective ...

Subscribe to Access this Entire Article

"Lufthansa Group boosts 2016 net profit in ‘very demanding market’" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.