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Lufthansa first-half profit approaches €1 billion
Boosted by hefty nonoperating gains from asset sales and its investment in Swiss International Air Lines, Lufthansa reported a net profit of €992 million ($1.37 billion) in the first six months of 2007, up from €85 million in the year-ago semester and representing a record high for the company.
The result implies a second-quarter profit of €438 million as calculated by ATWOnline, which compares to a €138 million profit in the second three months of 2006.