Lufthansa makes loss during 2001 - TravelMole


Lufthansa makes loss during 2001

Tuesday, 12 Mar, 2002 0

Preliminary figures from Europe’s second largest airline Lufthansa show that it made a loss of E754m in the 12 months to December 2001.

This compares to a profit in the previous year of E1.2billion, with the poor performance due the downturn in air travel following September 11 combined with the economic downturn. However Lufthansa just managed to stay in profit at the operating level.

Lufthansa chairman and chief executive Jürgen Weber said: “We have adopted the right course, which we must maintain, in order to emerge stronger from the crisis.”

The company also announced the appointment of Wolfgang Mayrhuber as deputy chairman, effective April 1.



Related News Stories:  



 




Most Read

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari