United Kingdom
United States
Asia Pacific
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.
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
Abercrombie & Kent hails $500 million funding boost
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Gatwick braces for strike
Co-pilot faints, easyJet flight issues ‘red alert’