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Lufthansa raises full-year operating outlook; costs remain top priority

Lufthansa Group yesterday confirmed third-quarter net earnings of €416 million ($490 million) after a breakeven first half (ATWOnline, Nov. 10). Results were boosted by pre-tax gains of €180 million from the sale of LH's remaining shareholding in Amadeus and €107 million from the sale of its interest in Loyalty Partner. It earned €125 million in the third quarter of 2004. Operating profit for the 2005 quarter was flat at €218 million while nine-month operating ...

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