Company Watch - Lufthansa.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 31, 2006 Lufthansa reverses first-half fortunes with strong second quarter. Lufthansa released preliminary financial results for first-half 2006 that showed a profit of [euro]85 million ($107.3 million) compared to [euro]0.2 million in net earnings for the same period in 2005.Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. increased 17.4% to [euro]297 million from [euro]253 million, while revenues climbed 12.9% to [euro]9.6 billion. LH said the addition of the stakes acquired in Swiss International Air Lines Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. Its main hub is Zurich Kloten Airport (ZRH). and the Eurowings companies should be taken into account when making year-over-year comparisons. The company will release complete data Friday. LH lost [euro]98 million in the first quarter, suggesting that its second-quarter profit came to [euro]183 million on revenues of [euro]5.15 billion. It earned [euro]116 million in the second quarter of 2005. Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. News reported that 14 analysts surveyed by the organization forecast first-half profits of [euro]95 million. Jul 27, 2006 Lufthansa will launch thrice-weekly Frankfurt-Kolkata service from Dec. 1 aboard an A340-300. It is the carrier's sixth Indian destination. Jul 27, 2006 Lufthansa will start a daily Munich-Sao Paolo service on Sept. 13 using A340-300s. Jul 26, 2006 Lufthansa opened the Lufthansa Aviation Center at Frankfurt International Airport. The facility will house offices for 1,800 employees and features 36 meeting rooms and seven conference rooms. Jul 26, 2006 Lufthansa Systems Lufthansa Systems AG is one of the world’s leading IT service providers for the airline and aviation industry. It has around 3,320 employees in several locations in Germany and offices in 17 countries and is headquartered in Kelsterbach near Frankfurt. will implement e-ticketing at Cirrus Airlines Cirrus Airlines is an airline based in Saarbrücken, Germany. It operates both charter and scheduled flights, the latter on behalf of Lufthansa. Its main base is Saarbrücken Airport[1]. . It also signed a five-year deal with Asiana Airlines Asiana redirects here. There is also a British Asian magazine called Asiana. | Asiana Airlines (아시아나 항공 Asiana Hanggong KOSDAQ: 020560) (Formerly Seoul Airlines to implement its Sirax revenue management system. Jul 25, 2006 |
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