Gain from Thomas Cook sale helps Lufthansa to huge profit

Lufthansa will report a €554 million ($752.5 million) net profit for the first quarter of 2007 when it releases its full financial results today. LH suffered a €98 million loss in the year-ago period ( ATWOnline , May 12, 2006) . The tremendous turnaround is due largely to a €499 million gain from...

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