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Low fuel costs boost Lufthansa profits
Deutsche Welle ^ | 17.03.2016 | [ng/hg (Reuters, AFP)]

Posted on 03/17/2016 5:52:59 PM PDT by Olog-hai

Germany’s flag carrier Lufthansa posted a 55-percent jump in profits for 2015, benefiting from low oil prices.

The result comes despite protracted industrial action by pilots and flight attendants throughout last year.

Adjusted EBIT jumped by 55 percent to €1.8 billion ($2 billion) for the full year. Net profit came in at €1.7 billion, 30 times higher than in 2014. …

(Excerpt) Read more at dw.com ...


TOPICS: Business/Economy; Local News; Travel
KEYWORDS: fuelcosts; germany; lufthansa; profits

1 posted on 03/17/2016 5:52:59 PM PDT by Olog-hai
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