Lufthansa Group, as projected in last month's earnings preview, posted record net income of €803 million ($1.05 billion) for 2006, a 77.3% increase over net income of €453 million in 2005, on a 9.9% lift in revenue to €19.85 billion, its highest-ever annual total. Chairman and CEO Wolfgang Mayrhuber called the earnings a "very satisfying result in every aspect," pointing to "cost discipline" and "targeted investments. . .[in] core competencies" as keys. He noted "a ...

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