Lufthansa yesterday said it ended a "difficult" 2009 with a net loss of €112 million ($151.9 million), reversed from a restated 2008 profit of €542 million and the company's first full-year deficit since 2003. Revenue fell approximately 10% to €22.3 billion, while operating profit plunged 90% to €130 million from €1.3 billion in 2008. The net result implies an €80 million fourth-quarter net loss based on the €32 million deficit incurred through the first nine months of 2009. LH said when ...

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