Signaling that Europe's heretofore lagging recovery is gaining momentum, Lufthansa Group confirmed Thursday it netted €628 million ($866.3 million) in the third quarter ended Sept. 30, tripling a net profit of €209 million in the prior-year period, as revenue surged 27.5% to €7.57 billion. It said its performance so far in 2010 (ATW Daily News, Oct. 28) is in line with past years' profitability, "a remarkable achievement, especially considering the lost ...

Subscribe to Access this Entire Article

"Lufthansa Group triples third-quarter profit compared to 2009" 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?

Already registered? here.