Lufthansa posted a €116 million net loss in 2009, as new subsidiaries Austrian Airlines, BMI and Brussels Airlines weighed down the group’s financial performance. Europe’s largest carrier posted a €130 million operating profit for the period, down from €1.3 billion a year earlier. Lufthansa said it will propose to pay no dividend to shareholders. Last year, they received 70 cents per share. Revenues dropped by 10% to €22.3 billion, and the carrier intends to reveal further financial ...
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