Lufthansa yesterday said it still expects its 2008 operating profit to match the €1.38 billion ($2.15 billion) reported in 2007 despite an economic environment that "represent[s] a considerable challenge for the airline industry." It expects fuel costs to reach approximately €5.6 billion this year but is confident "that the demand for mobility will continue to increase and that despite fluctuations air traffic will carry on growing." It said "efficiency gains" and cost cuts, ...

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