Lufthansa CityLine Posts Profit Despite Conversion To All-Jet Fleet
Lufthansa CityLine reported a pre-tax profit of 6.5 million Deutschmarks ($3.8 million) in 1996, slightly lower than the previous year's DM7 million ($4.1 million) but higher than expected. CityLine is completing its costly conversion to an all-jet fleet, and operated 29 Canadair RJs and 17 Avro...
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