Lufthansa full-year profit falls more than 63% to €599 million

Lufthansa Group concluded a volatile 2008 with a €599 million ($759.8 million) net profit, down 63.8% from the hefty €1.66 billion earned in 2007, and admitted that it expects declines in passenger numbers, revenue and operating profit this year. While the company said that "there is the potential...

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