Lufthansa 747-8I. Courtesy, Boeing Lufthansa Group (LH) reported a first-quarter net loss of €397 million ($521.9 million), reduced from a €507 net loss in the year-ago quarter (ATW Daily News, May 6, 2011). The Group also announced it would eliminate 3,500 administrative jobs worldwide over the coming years as part of its cost-cutting measures to improve operating results by €1.5 billion by the end of 2014 (ATW Daily News, Dec. 26, 2011). LH said in a statement that ...

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