CityLine Posts Record Profits, Increased Passenger Traffic In 1997
Lufthansa CityLine racked up record profits in 1997 and higher-than-ever passenger traffic. Profit as a return on sales was a middling 6%, however. Operating revenues jumped 24% to 1.37 billion Deutschmarks (US$834 million) last year from DM1.10 billion ($660 million) in 1996. Total revenues edged...
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