Business Services Industry
Airline's record loss.
Australasian Business Intelligence, March, 2002
Mar 13, 2002 (The Australian
ABIX via COMTEX) -- Europe's second largest airline Deutsche Lufthansa AG lost Xeu591m in 2001. In 2000 the airline recorded a profit of Xeu689m. The 2001 loss was well in excess of the Xeu374m expected. No dividend was declared which broke a precedent set when the airline first floated in 1994. Operating profit fell by 95 per cent for the period.
DEUTSCHE LUFTHANSA AG
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