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#Lufthansa Cautious for Year Ahead After Boost in 2016
Local Editor

German airline group Lufthansa said Thursday it had met its financial targets in 2016, but offered only modest forecasts for the current year, squeezed between falling prices and higher costs.


The Frankfurt-based firm reported net profit of 1.78 billion euros [$1.9 billion] for last year in a statement, a 4.6-percent increase on 2015’s figure and in line with its own and analysts’ expectations.

Source: News Agencies, Edited by website team

16-03-2017 | 11:38

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