The Lufthansa Group closed the first quarter of 2011 with revenues of EUR 6.4 billion (previous year: EUR 5.8 billion) and an improvement of EUR 103 million in the operating result to EUR -227 million. Net loss for the period was greater than that of last year, solely as a result of measurement effects under IAS 39 for hedging options (EUR -292 million), and amounted to EUR -507 million (previous year: EUR -298 million). The Executive Board confirms the earnings forecast for the full year 2011 and continues to anticipate a year-on-year increase in revenue and operating result.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
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AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada