Lufthansa says profits rose 12% in 2005, foresees strong 2006

Lufthansa Group overcame the effect of soaring fuel prices that added €843 million to expenses, along with tough competition from European low-fare airlines, as it reported net earnings for 2005 of €453 million ($547 million), up 12.1% over earnings of €404 million in 2004. The company is proposing...

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