Swiss International Air Lines, which became wholly owned by Lufthansa on July 1, posted a net profit of CHF295 million ($244.8 million) in the first six months of 2006, nearly four times higher than the CHF76 million reported in the year-ago period. "Our encouraging first-half performance strengthens our faith in our current strategic thrust," CEO Christoph Franz said. "These results have exceeded our expectations." He credited strong passenger and cargo demand as well as "cost management ...

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