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Record Results For Lufthansa


Airline has 130 global deals

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Mar 14, 2008

Lufthansa has revealed it has direct corporate deals with around 1,000 major companies in Germany and global air deals with around 130 companies.

The figures were revealed as the airline announced record revenue and profit figures for 2007. Operating profit rose to €1.4 billion (£1.05 billion), up 63.1%, on revenues of €22.4 billion (£16.8 billion), 13% up on 2006.

Lufthansa chairman and CEO, Wolfgang Mayrhuber, said: "The result emphasizes the excellent performance that has been rendered by everyone here at Lufthansa. It is especially worth mentioning that we have achieved this record result at a time when fuel prices are at their highest, financial markets are full of uncertainty and competition is harder than ever. The course that we have set is one of sustainability."

The airline also said it is “actively reviewing opportunities for taking equity stakes in other companies, up to a complete integration”. The airline said that the main requirement was a partner that “fits in with Lufthansa’s strategic development guidelines and meets the corporate, cultural and economic criteria for a successful collaboration.”

businesstravelworld.com

Airline has 130 global deals



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