Lufthansa halves predicted profits

1999-08-25T00:00:00

Lufthansa has lowered its pre-tax profit prediction for 1999 by 50% - despite returning the second-best first-half operating result in its history. The German carrier's operating profit of DM578 million ($312.3 million) for the first six months was second only to the same period last year, but still 40.4% down ...

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