Lufthansa Technik profit up on cost cutting

Lufthansa Technik Group (LHT) reported a 2013 operating profit €404 million ($562 million), up 23.2% from €318 million the previous year. Group revenue rose 4.2% to €4.2 billion compared to €4.01 billion the year before. Lufthansa Technik, which is made up of 23 consolidated companies, continued its...

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