The carrier increased revenue by 11% to almost €7.7bn and generated, albeit a small, operating profit of €16m (vs. a loss of €49m last year). However, the net loss of €68m was higher than last year’s €8m. Logistics and Technics contributed to the operating profit improvement while the losses of the Passengers divisions were higher (€186m compared to €86m). In fact, the Network airlines (i.e. Lufthansa, Swiss, AUA) incurred a loss of €53m this year
27 Apr 2017
Marginal operating profit but a new net loss in Q1 17
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Marginal operating profit but a new net loss in Q1 17
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
27 Apr 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
The carrier increased revenue by 11% to almost €7.7bn and generated, albeit a small, operating profit of €16m (vs. a loss of €49m last year). However, the net loss of €68m was higher than last year’s €8m. Logistics and Technics contributed to the operating profit improvement while the losses of the Passengers divisions were higher (€186m compared to €86m). In fact, the Network airlines (i.e. Lufthansa, Swiss, AUA) incurred a loss of €53m this year