Lufthansa Group Chairman and CEO Christoph Franz said the company's turnaround from posting a €34 million net loss in 2009 to earning a €1.1 billion ($1.53 billion) net profit in 2010 showed that LH "has quick reactions and responded to market changes with the utmost flexibility in terms of capacities and costs," putting it in a strong position "strategically, financially and operationally."
Lufthansa A380. Photo: Courtesy, Airbus. Lufthansa Group Chairman and CEO Christoph Franz said the company's turnaround from posting a €34 million net loss in 2009 to earning a €1.1 billion ($1.53 billion) net profit in 2010 showed that LH "has quick reactions and responded to market changes with the utmost flexibility in terms of capacities and costs," putting it in a strong position "strategically, financially and operationally." A day after ...
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